Messari Reports 164% Surge in RLUSD Market Cap on XRPL in Q4

Data from Messari highlights rapid RLUSD growth on the XRP Ledger, driven by increasing adoption in late 2024.

XRP
RLUSD

Summary

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Terms & Concepts
  • XRP Ledger (XRPL): A decentralized blockchain designed for fast, low-cost cross-border payments and digital asset issuance.
  • RLUSD: A USD-backed stablecoin issued on the XRP Ledger, used for payments and settlement.
  • Market Cap: The total value of a cryptocurrency or token in circulation, calculated by multiplying price by circulating supply.