The $RLUSD monthly independent attestation for August is now live! And your quick rundown of the latest…
1/ $RLUSD continues to climb, reaching ~$2.4B in market cap, up more than 50% in a month. What’s more exciting… average daily activity has more than tripled since the start of the year. Utility >>>
2/ “Regulated” gets thrown around a lot in stablecoins. But what does it actually mean?
If you need a refresher, we broke down what institutions should look for — from reserve requirements and attestations to ongoing supervision — and where $RLUSD fits in.
3/ ICYMI:
@CoinDesk Research did a deep dive into the stablecoin landscape across APAC - where stablecoins are increasingly moving into payments, treasury and other institutional use cases. LOTS to unpack, including where $RLUSD fits into the picture. Worth a read 👇
4/
@RippleXDev’s updated XRP Ledger AI Starter Kit adds support for the Machine Payments Protocol (MPP), co-authored by
@stripe and
@tempo — giving developers a way to enable AI agents to make one-time payments on the XRPL using XRP and issued assets like $RLUSD.
5/ RLUSD is expanding liquidity and distribution through
@sparkfinance’s Stablecoin FX Layer on
@Uniswap v4, with $RLUSD/USDS processing more than $600M in its first week.
Check out all previous reports here: