The post Ripple USD (RLUSD) Trading Volume Soars 2,000% Amid Questions appeared first on Coinpedia Fintech News
Ripple USD (RLUSD), Ripple’s stablecoin, has surged 2,000% in trading volume, reaching $611 million despite a modest $53 million market cap. This rapid growth makes RLUSD the fourth most-traded stablecoin. However, over 96% of the volume originates from Bullish, a platform backed by Peter Thiel, raising concerns about low liquidity and potential manipulation. Validators on …