Usman Salis
Ripple's RLUSD stablecoin just overtook Zcash (ZEC) for 104th place in crypto rankings, hitting a $602.6 million market cap while holding its $1.00 price.
RLUSD Price Performance vs Market Volatility
RLUSD isn't trying to moon – it's doing exactly what a stablecoin should. With over 602 million tokens in circulation and daily trading at $35.8 million, people are clearly using it. Meanwhile, Zcash dropped nearly 12% this week, sliding to 106th place. RLUSD didn't need any price pumps to climb past ZEC – sometimes steady wins.
The stablecoin also leapfrogged several mid-cap altcoins that cost way more per token. Those flashier coins have been struggling during this market cooldown, but RLUSD just keeps growing.
Ripple USD (RLUSD) Price Position Among Stablecoins
RLUSD is now running close to PayPal USD and First Digital USD, showing Ripple's stablecoin isn't just a side project anymore. The stablecoin game is crowded, but RLUSD has that Ripple ecosystem and payment infrastructure backing it up.
Don't be surprised if RLUSD hits the top 100 soon. Not from sudden spikes, but from steady growth while other tokens slide backwards. In this market, being boring might be the smart play.
Usman Salis
