Ripple’s RLUSD Stablecoin Set to Challenge Tether’s Dominance

Key Points

1. RLUSD, backed by the U.S. dollar and Treasury bills, aligns with the GENIUS Act and is seen as a tool for propagating the global digital dollar.

2. Tether currently dominates the stablecoin market with a $161 billion valuation, while RLUSD is valued at $527 million.

3. The XRP Ledger provides a neutral, trustless infrastructure for global consensus, enabling real-time cross-border payments and potential tokenization of U.S. debt.

4. Regulatory clarity from the GENIUS Act offers RLUSD a strategic advantage, with its fully compliant reserves being a key argument for its adoption.

5. Aljarrah predicts that Tether's dominance will decline as the market shifts towards regulation-compliant stablecoins like RLUSD.