Well, butter my blockchain, folks! š§āØ RLUSD, the stablecoin that Ripple Labs plopped into the crypto world back in December 2024, is now strutting its stuff like it owns the place. Sitting pretty at the 74th spot in the crypto rankings, this digital darling has a market cap thatās just shy of a cool $898 million. Not bad for a coin thatās barely old enough to vote, eh? š„³
RLUSD: The New Kid on the Block Thatās Stealing the Lunch Money
In a plot twist that no one saw coming (except maybe that one guy in the comments whoās always right), RLUSD has left Optimism (OP) eating its digital dust. According to the number-crunchers at CoinMarketCap, OPās market cap is a mere $763.1 million, which is like showing up to a party $100 million late. š¬ Meanwhile, RLUSD is over here sipping champagne, toasting to its 0.02% daily surge and 0.01% weekly gain. Living the dream, folks. š¾
Optimism, on the other hand, is having a bit of a rough week. Sure, it nudged up 0.06% in the last 24 hours, but its weekly chart looks like it took a wrong turn at Bearish Boulevard and ended up down 5.23%. Ouch. With a market cap thatās now 81st in line, OP is starting to look like the kid who peaked in high school. š«
Hereās the kicker: stablecoins like RLUSD donāt get their kicks from price swings-theyāre more about adoption and issuance. Itās like theyāre the reliable friend who always shows up on time, while OPās market cap is out there riding the rollercoaster of price volatility. Spoiler alert: rollercoasters make me motion sick. š¤¢
RLUSDās 2025: From Zero to Hero in Record Time
Letās talk milestones, because RLUSD has been knocking them down like a crypto bowling champ. š³ This year alone, Rippleās payments business expansion has sent RLUSD into overdrive, with the stablecoin sector ballooning past $300 billion. Thatās a lot of zeros, folks. And RLUSD? Itās now rubbing shoulders with the top 100 cryptocurrencies, which is basically the crypto equivalent of getting invited to the cool kidsā table. š½ļø
But wait, thereās more! RLUSD has been on a partnership spree, like itās collecting stamps in a crypto passport. In September, Bybit exchange rolled out the red carpet, listing RLUSD with trading pairs that sound like a crypto alphabet soup: BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and MNT/RLUSD. š² And letās not forget Deloitte & Touche LLP giving RLUSD the regulatory thumbs-up in August. Thatās right, this stablecoin plays by the rules. š
Ripple President Monica Long (great name, by the way) also dropped some tidbits about partnerships with DBS and Franklin Templeton. Apparently, theyāre all about using RLUSD as a liquid, stable exchange for tokenized assets. Fancy words, but basically, RLUSD is becoming the Swiss Army knife of the crypto world. š ļø
So, there you have it. RLUSD: the stablecoin that went from āWho?ā to āWow!ā in less than a year. If this keeps up, Iām calling it now-RLUSD is going to need a bigger trophy case. š
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2025-10-23 19:40