RLUSD January report
Quote from zerpie on March 1, 2025, 7:42 amWrites
Says Jack McDonald, Senior Vice President of Stablecoins at Ripple:
Like clockwork, the January independent attestation for RLUSD is live.
Some notable stats:
RLUSD hit $7.35B in trading volume on XRPL & ETH in the first 60 days of being live (significantly higher volume compared to many others), and became available on ZeroHash and Revolut
RLUSD remains over-reserved – we hold $7M more in reserves than total RLUSD supply (~$130M)
We’re seeing increasing inbound interest on using RLUSD for onchain collateralization for tokenized assets – lots of possibilities here!
Writes
Says Jack McDonald, Senior Vice President of Stablecoins at Ripple:
Like clockwork, the January independent attestation for RLUSD is live.
Some notable stats:
-
RLUSD hit $7.35B in trading volume on XRPL & ETH in the first 60 days of being live (significantly higher volume compared to many others), and became available on ZeroHash and Revolut
-
RLUSD remains over-reserved – we hold $7M more in reserves than total RLUSD supply (~$130M)
-
We’re seeing increasing inbound interest on using RLUSD for onchain collateralization for tokenized assets – lots of possibilities here!