Data: Ripple's stablecoin RLUSD has a market value of $500 million within 7 months of its launch

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According to CoinGecko data, ChainCatcher reports that RLUSD, the US dollar stablecoin launched by Ripple, has reached a market capitalization of $500 million within 7 months of its launch. The product is issued on XRP Ledger and Ethereum, ranking among the top 20 US dollar stablecoins, with a daily trading volume of approximately $26 million.

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