Active since December 2024, RLUSD was specifically created to support enterprise applications and deliver genuine real-world utility. Just last week, the asset achieved a significant milestone when its market capitalization surpassed the $2B mark. Out of that total amount, close to $1B has been issued directly on the XRP Ledger.

The development and growth of $RLUSD are only in their earliest stages. You can explore further details by visiting https://on.ripple.com/4c8LKQz