Ripple launches RLUSD stablecoin to ignite the market! XRP Whale transfers nearly 300 million USD in 24 hours.

Ripple Labs’ latest release, the RLUSD stablecoin, is becoming the core catalyst driving the surge in XRP market activity. With the launch of the stablecoin and an influx of institutional funds, XRP whales have significantly increased their holdings in the past 24 hours, with a single transfer amounting to 283 million USD, sparking heightened attention in the market towards a long-term upward trend.

Whale Action: 120 million XRP withdrawn from the exchange

On-chain data shows that in the past 24 hours, a large XRP Whale transferred 120 million XRP (approximately 283 million USD) from Binance to an unknown wallet.

Interpretation of meaning: Transferring out from centralized exchanges usually indicates an intention to hold long-term, reducing the immediate selling pressure.

Background linkage: Previously, 800 million XRP (approximately 1.94 billion USD) flowed out of Binance, and the market immediately experienced a short-term pump.

Well-known trader Ali_charts also observed that in just the past 24 hours, whales have accumulated 839 million XRP, indicating that the accumulation wave is accelerating.

Institutional Capital Inflow and ETF Expectations

The strong performance of XRP is closely related to the activity of institutional traders.

Past 7 days: Institutional capital inflow of 145 million USD, a significant increase compared to the previous week.

Driving factors: The market generally expects that the US spot XRP ETF is likely to be approved, attracting more long-term funds to position themselves in advance.

RLUSD stablecoin: A New Engine for Cross-Border Payments

Ripple officially launched RLUSD on December 17 and announced that it will be available on platforms such as Bitso, Uphold, MoonPay, and CoinMENA.

Use case: As a bridge asset, it supports cross-border payments and liquidity management.

Asset backing: Each RLUSD is fully backed by USD deposits, US Treasuries, and cash equivalents.

Transparent mechanism: Ripple promises to release a reserve asset report issued by an independent auditing firm every month.

Ripple emphasizes that RLUSD will drive cross-border payments into a new era and plans to enable global payments for enterprise clients through Ripple Payments next year, with a cumulative transaction amount of 70 billion USD processed so far.

Market Outlook: XRP Long-Term Bullish Signals Strengthen

Overall, the launch of the RLUSD stablecoin, the Whale accumulation actions, and the inflow of institutional funds are jointly shaping the bullish trend of XRP.

Short-term follow: Will the Whale continue to transfer out of the exchange?

Mid-term Catalyst: XRP Spot ETF Approval Progress

Long-term support: RLUSD’s adoption rate in cross-border payments and liquidity markets.

If these positive factors continue to ferment, XRP is expected to usher in a new round of price breakthroughs in 2025.