🚀 Ripple's RLUSD stablecoin is making waves in Europe! With a well-timed launch, RLUSD is taking advantage of the regulatory shift in the continent. As Tether (USDT) is being pushed aside due to compliance issues, RLUSD is poised to fill the void with its MiCA-compliant status.

📈 According to CryptoQuant, RLUSD has processed 33,953 transactions on the XRP Ledger and 1,690 on Ethereum since testing began in June 2024. This shows great potential for further adoption!

💡 The NYDFS-regulated launch of RLUSD has also caught the attention of exchanges such as Uphold, Bitstamp, and Bullish. In fact, Ripple CTO David Schwartz warned against getting caught up in FOMO, despite the spike in RLUSD prices on the Xaman platform.

What do you think about RLUSD? Let's discuss in the comments section!