🚀 XRP Open Interest Surges Past $1 Billion Amid RLUSD Buzz!

- Open interest in XRP has skyrocketed past $1 billion, driven by excitement around Ripple's RLUSD stablecoin, currently in private beta on XRP Ledger and Ethereum.

- Bets on XRP futures reached levels last seen in March and June last year, with Binance and Bybit accounting for nearly half of the activity.

- Ripple recently minted significant amounts of RLUSD, suggesting the testing phase is advancing.

- Ripple aims to use RLUSD for cross-border payments, enhancing liquidity and transaction speeds.

What do you think about RLUSD's potential? Share your thoughts in the comments! 💬