Ripple USD Stablecoin Rockets 37% in Volume: What’s Going On?

By: bitcoin ethereum news|2025/05/08 09:00:04
0
Share
copy
Ripple’s stablecoin RLUSD has posted a big jump in trading activity, with 24-hour volume jumping 37.72% to $68.58 million, according to CoinMarketCap. This spike places Ripple USD among the most actively traded stablecoins in recent days, drawing attention in a highly competitive market dominated by USDT and USDC. However, the real story lies in its growing market positioning, as Ripple USD’s volume-to-market cap ratio has now reached 21.6% – a high figure for a stablecoin, suggesting a notable uptick in transaction and trading activity. You Might Also Like The sudden volume increase may be attributed to a key development – RLUSD’s listing yesterday on Gemini, a major U.S. crypto exchange. Listings on regulated, high-visibility platforms tend to provide liquidity boosts and broader market exposure, and the stablecoin is now benefiting from that effect. At press time, Ripple USD holds a market capitalization of approximately $317 million, placing it behind leading stablecoins like Tether (USDT), USDC and DAI, but ahead of others such as Gemini Dollar (GUSD) and EURC. Despite the competition, Ripple’s presence in the rankings is gradually solidifying. You Might Also Like Behind the scenes, Ripple has reportedly made an attempt to acquire Circle’s USDC stablecoin business, with estimated offer sizes ranging from $5 billion to $20 billion. Though no deal has materialized, the move signals Ripple’s long-term ambition to expand its stablecoin footprint and challenge existing giants. Whether the recent momentum translates into lasting traction or not, RLUSD’s breakout week positions it as the stablecoin to watch in 2025. Source: https://u.today/ripple-usd-stablecoin-rockets-37-in-volume-whats-going-on

You may also like

60 Essential Skills, Workflows, and Open Source Projects, the Ultimate Claude Advancement Checklist

Developers, content creators, product builders, and beginners can all use this

SpaceX to Raise $75 Billion | Rewire News Nightly

What additional valuation can the AI unicorn behind in line achieve, which is a bigger question than SpaceX itself

PUMP Valuation Breakdown: On-chain Data Disproves the "Fake Volume" Theory, Where Does the Real Discount Come From?

The project initially started as a niche experiment but quickly became one of the highest-grossing applications on public blockchains.

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...