RLUSD market cap surpasses $2B with nearly $1B issued on XRP Ledger

RLUSD market cap surpassed $2B, with nearly $1B issued on XRP Ledger. The rapid growth highlights increasing centralization risk and regulatory challenges in the stablecoin ecosystem. As RLUSD expands, concerns mount over the concentration of issuance and the need for robust oversight, potentially shaping future stablecoin regulations and market dynamics.