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Market
Which stablecoin will be dominant by market cap by December 31, 2025?
2
Resolution / Starting Odds
RLUSD • 25%
USDT • 25%
USDC • 25%
DAI • 25%
Market capitalization data from cryptocurrency tracking platforms like CoinMarketCap or CoinGecko
Story
Ripple's RLUSD Stablecoin Nears NY Approval, Ethereum-Compatible, Launch Set for Dec. 4
Nov 30, 2024, 01:14 AM
Ripple's stablecoin, RLUSD, is nearing approval from the New York Department of Financial Services (NYDFS), with a launch date reportedly set for December 4. The stablecoin, designed for institutional settlement and cross-border payments, will operate under New York's stringent regulatory framework. RLUSD is overcollateralized, compatible with Ethereum, and will be integrated with Ripple's XRP Ledger, positioning it as a competitor to existing stablecoins such as Tether (USDT) and USD Coin (USDC). The approval marks a significant step for Ripple in entering the regulated U.S. digital finance market, with potential support from Trump's crypto-friendly policies.
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USD Coin (USDC) is the largest • 25%
Other stablecoin is the largest • 25%
RLUSD is the largest • 25%
Tether (USDT) is the largest • 25%
DAI • 25%
Other • 25%
BUSD • 25%
USDC • 25%
No • 50%
Yes • 50%
Ethereum • 25%
Arbitrum • 25%
Other • 25%
Base • 25%
$150 billion to $200 billion • 25%
$200 billion to $250 billion • 25%
Under $150 billion • 25%
Over $250 billion • 25%
Fourth or lower • 25%
Third • 25%
First • 25%
Second • 25%
40% to 55% • 25%
More than 55% • 25%
25% to 40% • 25%
Less than 25% • 25%
Tether • 25%
Other • 25%
Ethereum • 25%
Bitcoin • 25%
Solana • 25%
Ethereum • 25%
Bitcoin • 25%
Other • 25%
Solana • 25%
Tether • 25%
Binance Coin • 25%
None • 25%