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Ripple Sees Abnormal 101% Spike in USD Stablecoin Volume, What's Going On?
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Ripple USD Sees 103% Volume Surge as Bitcoin Hits New All-Time High
Bitcoins explosive rally to a new all-time high of $111,880 has reignited crypto market activity, with stablecoins experiencing a notable uptick especially Ripple USD (RLUSD). According to CoinMarketCap, RLUSDs 24-hour trading volume soared by 103.47%, reaching $150.49 million. Despite ranking just 15th among USD-pegged stablecoins by market cap, RLUSDs trading volume now outpaces many larger competitors, trailing only Tether (USDT) and USD Coin…
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