#GT 10% of Citi's stablecoin market forecast of 1.6 trillion
The impact of XRP's price if RLUSD captures 10% of Citi's forecast for the stablecoin market of 1.6 trillion. A report titled "Digital Dollars" published by Citigroup in April 2025 indicated that the stablecoin market could grow to a sector worth $1.6 trillion. If the Ripple pair #BTC RLUSD#XRP captured just 10% of the $1.6 trillion stablecoin market, how would that affect the price of Ripple?
Despite being a newcomer in the stablecoin sector, the market value of RLUSD has grown to 300 million USD since its launch in December 2024. The XRP token serves as a bridge currency that helps transfer value from RLUSD to other currencies such as the US dollar, yen, euro, and others. Therefore, if RLUSD manages to capture 10% of 1.6 trillion USD, which equals 160 billion USD, it will undoubtedly have a positive impact on the price of XRP.
The price of Ripple is trading today at around $2.16, down 5.2% over the past 24 hours.
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#GT 10% of Citi's stablecoin market forecast of 1.6 trillion
The impact of XRP's price if RLUSD captures 10% of Citi's forecast for the stablecoin market of 1.6 trillion.
A report titled "Digital Dollars" published by Citigroup in April 2025 indicated that the stablecoin market could grow to a sector worth $1.6 trillion. If the Ripple pair #BTC RLUSD#XRP captured just 10% of the $1.6 trillion stablecoin market, how would that affect the price of Ripple?
Despite being a newcomer in the stablecoin sector, the market value of RLUSD has grown to 300 million USD since its launch in December 2024. The XRP token serves as a bridge currency that helps transfer value from RLUSD to other currencies such as the US dollar, yen, euro, and others. Therefore, if RLUSD manages to capture 10% of 1.6 trillion USD, which equals 160 billion USD, it will undoubtedly have a positive impact on the price of XRP.
The price of Ripple is trading today at around $2.16, down 5.2% over the past 24 hours.
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