According to CoinGecko, Ripple stablecoin RLUSD has a market cap of $72.30 million and a 24-hour trading volume of $420 million, second only to USDT, USDC, and FDUSD among stablecoins. In comparison, the PayPal stablecoin PYUSD has a market cap of 491.72 million USD and a 24-hour trading volume of 2045.5 USD. Additionally, the Circle stablecoin EURC has a market cap of 82.43 million USD and a 24-hour trading volume of 11.59 million USD. According to XPMarkets' data insights, RLUSD has a total user base of 7,600, up from 1,000 24 hours after its launch in December 2024, and is now the 13th largest asset by market capitalization on XRP Ledger. Previously, on December 18, the Ripple stablecoin RLUSD was officially launched.