San Francisco-based blockchain firm Ripple has announced that the RLUSD stablecoin has been integrated into its cross-border payments solution.
The red-hot product is already being used by such providers as iSend and BKK Forex.
As reported by U.Today, Ripple’s Jack McDonald recently revealed that RLUSD had surpassed the company’s growth expectations.
According to CoinGecko data, RLUSD’s total market cap currently stands at $243 million.
Earlier this Wednesday, Ripple minted yet another 50 million RLUSD tokens.
Ripple expects the stablecoin to appear among the top 5 leaders of the sector by the end of this year.
The stablecoin has also secured some new major listings, with Kraken being the most recent major trading platform to add support for RLUSD.
