Ripple’s RLUSD Volume Climbs Toward $1 Billion Monthly on Visa

The brief update says Ripple’s RLUSD activity on Visa is rising toward a monthly run rate of $1 billion, highlighting growing usage of the U.S. dollar-pegged stablecoin.

Summary

The source states that Ripple’s RLUSD volume is moving toward $1 billion per month on Visa. That points to rising transaction activity for RLUSD, a stablecoin (crypto token designed to track fiat value) issued by Ripple. In crypto markets, higher payment network volume can indicate broader adoption for settlements and transfers, though the source provides no additional figures, timeframe details beyond monthly volume, or operational breakdown.

Terms & Concepts
  • RLUSD: A Ripple stablecoin designed to maintain a value tied to the U.S. dollar.
  • Stablecoin: A cryptocurrency token designed to keep a steady value, usually by tracking a fiat currency such as the U.S. dollar.
  • Volume: The total value of transactions processed over a given period, often used to measure market or payment activity.