Ripple Sees Abnormal 101% Spike in USD Stablecoin Volume, What's Going On?

  • Bitcoin hit an all-time high of $111,880, and the stablecoin market saw a significant jump in activity — with Ripple USD (RLUSD) being a standout. In the last 24 hours, RLUSD saw its trading volume more than double, jumping by 103.47% to reach $150.49 million, according to CoinMarketCap.