XRP Issuer Ripple Sees Its RLUSD Stablecoin Grow Among Retail Users

Ripple's RLUSD Stablecoin Gains Popularity Among Retail Users

Ripple, the blockchain-based digital payment protocol known for its cryptocurrency XRP, has recently announced plans to launch a new venture in the stablecoin arena with its upcoming rLUSD stablecoin. This strategic development aims to bolster Ripple’s presence in both retail and enterprise sectors, potentially transforming how digital transactions are conducted across various industries. The Advent of rLUSD Ripple’s new stablecoin, rLUSD, aims …

Ripple USD Sees Retail Rise Despite Enterprise Focus

Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users. Ripple officially introduced its Ripple USD (RLUSD) stablecoin in late 2024, with CEO Brad Garlinghouse highlighting its institutional focus, setting RLUSD apart from competitors primarily focused on retail use. Still, with increasing RLUSD adoption by self-custodial wallets lik…

XRP issuer Ripple sees its RLUSD stablecoin grow among retail users

Ripple’s stablecoin RLUSD launched with strong institutional messaging, but today it operates like any “general-purpose stablecoin,” directly competing with USDC, a Huma Finance co-founder said.