In late 2024, Ripple launched its own dollar stablecoin RLUSD to provide the XRP Ledger (XRPL) with a regulated stablecoin. Now, several months later, RLUSD has overtaken Ethereum in transaction volume on XRPL. This event may have practical significance for users seeking cheap and fast transfers of USDT and other stablecoins.

What Happened?

According to data from an analytics platform, the daily transaction volume of RLUSD on XRPL has exceeded that of Ethereum. This indicates that Ripple's stablecoin is gaining popularity among users who value low fees and high transaction speed.

RLUSD vs USDT: Network Comparison

For users accustomed to USDT on TRC-20 or ERC-20 networks, the emergence of RLUSD on XRPL opens new opportunities:

  • Speed: XRPL processes transactions in 3–5 seconds, significantly faster than Ethereum (15–20 seconds) and comparable to TRC-20.
  • Fees: Average fee on XRPL is less than $0.001, making it one of the cheapest options for stablecoin transfers. For comparison, Ethereum fees can reach $1–5 depending on network load, while TRC-20 fees are around $0.5–1.
  • Regulation: RLUSD is a regulated stablecoin, which may be important for users who prefer to operate with compliant assets.

Practical Value for VirtCardPay Users

Although RLUSD is not yet as widespread as USDT, its growth on XRPL could lead to increased liquidity and lower fees for all network users. If you use USDT for paying foreign services or working with cryptocurrencies, consider alternative networks:

  • TRC-20 (Tron) — still popular for USDT due to low fees and high speed.
  • ERC-20 (Ethereum) — suitable for DeFi integration, but fees are higher.
  • XRPL — a new option with regulated RLUSD that could become a competitive alternative.

VirtCardPay's Take

The rise of RLUSD on XRPL signals that the stablecoin market is becoming more diverse. For users, this means more choices and potentially lower fees. However, when choosing a network, always consider your goals: if you need maximum speed and minimal costs, TRC-20 and XRPL are currently leading. If DeFi compatibility is important, ERC-20 remains the standard.

Disclaimer: This material is for informational purposes only and does not constitute financial advice. Cryptocurrencies and stablecoins carry high risks. Always conduct your own research before making any transactions.

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Sources

This material is for informational purposes only and is not financial advice. Data and service terms may change, so check primary sources before making a payment or investment decision. Mentions of third-party brands and services do not imply official partnership, support, or endorsement by VirtCardPay.
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