Ripple's RLUSD Stablecoin Struggles to Gain Market Share Ripple's RLUSD stablecoin, launched in December, has yet to make a significant impact in the market, holding only 0.7% of market share. Despite favorable U.S. regulatory conditions under the Trump administration, RLUSD and PayPal's PYUSD are overshadowed by established players like Tether's USDT, highlighting challenges in user adoption.1