Update
Ripple USD Doubles Weekly DEX Growth
Ripple USD (RLUSD), a stablecoin regulated by the New York DFS, has outpaced its closest rival USDG in weekly decentralized exchange (DEX) growth. Over the past week, RLUSD's trading volume increased by $199.4 million, while USDG recorded only $97.6 million. Institutional capital has bet on strict compliance and the NYDFS-regulated digital dollar, leading to technical integrations and cross-chain connections. This has allowed licensed payment companies to use RLUSD for instant cross-border settlements, addressing a long-standing fintech problem.