XRP Surpasses Tether To Become Third-Largest Cryptocurrency

XRP recently overtook Tether (USDT) in market capitalization, becoming the third-largest cryptocurrency

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Bitcoin and Ethereum. As of Dec. 1, 2024, XRP’s market cap stood at $141.8 billion

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surpassing USDT’s $134.5 billion. The price of XRP surged by 30% within 24 hours

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trading at $2.46, and has seen a 364% increase over the past month

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New York Department of Financial Services (NYDFS). Sources indicate that the NYDFS may approve the stablecoin on Dec. 4

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Ripple to launch RLUSD and integrate it into its RippleNet payment system

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This is expected to strengthen Ripple’s position in cross-border payments, potentially offering XRP more stability

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