Ripple's stablecoin RLUSD is quickly gaining popularity! 🚀 Recently, the European exchange Bitstamp joined the ranks of supporting platforms. RLUSD, launched in December, is already available on exchanges such as Uphold and Bitso. Bitstamp has added RLUSD on Ethereum, marking it as a solution for institutional financial needs.
Despite initial volatility, RLUSD has stabilized around $1. However, Bitstamp warns: investing in RLUSD can be risky. Be cautious and do not invest more than you are willing to lose. 💡