One such name has begun to turn heads – Ripple’s RLUSD. Against a backdrop of legislative possibilities and a shifting U.S.

Ripple expands RLUSD supply with a $25M token mint on Ethereum, doubling its market cap to $169.5M in under two months.

RLUSD will require XRP for transaction fees ... action has led it to form a similar bull flag pattern, as shown in the chart above. Thus, the next bullish target is the flagpole’s height ...

RLUSD is backed 1:1 by the U.S. dollar, meaning the company has promised to hold an equivalent sum of dollars in a reserve to collateralize each stablecoin that it issues. McDonald says that RLUSD ...