AdoptionAdoption$127.4M
Ripple's RLUSD Adds $127.4 Million in DEX Volume, Ahead of Ethena's USDe - Cryptonews.net
Ripple's RLUSD generated $127.4 million in decentralized exchange volume, surpassing Ethena's USDe in recent tracking periods.
So what
Surpassing competing synthetic stablecoin volumes on DEXs demonstrates increasing secondary market liquidity and market depth for RLUSD. For institutional allocators, this growing liquidity reduces execution slippage and validates the asset's utility within decentralized liquidity pools.