Ripple (XRP) 備受期待的穩定幣 Ripple USD (RLUSD) 自 12 月中旬推出以來未能獲得關注。

儘管這家資本雄厚的公司擁有數十億美元的資金和數十年的區塊鏈行業經驗，但 XRP 代幣甚至還沒有佔據穩定幣行業 0.04% 的市場份額。

Bitcoin (BTC) maximalists have been celebrating the recent failure of centralized stablecoins like tether (USDT) to maintain their dollar pegs. Meanwhile, XRP fans have been eagerly awaiting the launch of Ripple’s own stablecoin, hoping that it will finally gain a significant market share in the stablecoin industry.

比特幣 (BTC) 極端主義者一直在慶祝像 Tether (USDT) 這樣的中心化穩定幣最近未能維持與美元掛鉤的局面。同時，XRP粉絲們一直在熱切等待Ripple自己的穩定幣的推出，希望它最終能在穩定幣行業中獲得重要的市場份額。

Unfortunately, despite being launched in mid-December 2023, Ripple USD (RLUSD) has failed to gain any meaningful traction in the market. Despite being backed by a company with billions in funding and a decade of experience in the blockchain industry, the XRP token has yet to capture even 0.04% of the stablecoin market.

不幸的是，儘管 Ripple USD (RLUSD) 於 2023 年 12 月中旬推出，但它未能在市場上獲得任何有意義的吸引力。儘管得到了一家擁有數十億資金和十年區塊鏈行業經驗的公司的支持，XRP 代幣尚未佔領穩定幣市場的 0.04%。

As of March 8, RLUSD’s market capitalization remains below $75 million. To put this into perspective, the market cap of tether alone is $137 billion.

截至 3 月 8 日，RLUSD 市值仍低於 7,500 萬美元。從這個角度來看，光是 Tether 的市值就達到 1,370 億美元。

While Ripple advertises its new stablecoin as an enterprise-grade solution designed to meet the needs of institutional financial use cases, its lackluster performance raises questions about the demand for another USD proxy in an already crowded sector.

儘管 Ripple 宣傳其新穩定幣是一種企業級解決方案，旨在滿足機構金融用例的需求，但其乏善可陳的表現引發了人們對本已擁擠的行業對另一種美元替代品的需求的質疑。

Discouragingly, only a small number of exchanges list RLUSD for trading, and a significant portion of its trading volume is concentrated on exchanges in which Ripple previously invested, such as Bitstamp and Bitso.

令人沮喪的是，只有少數交易所掛牌 RLUSD 進行交易，而且其交易量很大一部分集中在 Ripple 之前投資的交易所，例如 Bitstamp 和 Bitso。

The billionaire-backed RLUSD stablecoin

億萬富翁支持的 RLUSD 穩定幣

As the conductor of the world’s first multi-billion dollar Initial Coin Offering (ICO), Ripple now employs over 900 people and has also invested $600 million into various crypto companies like two of its founders, Jed McCaleb and Chris Larsen, who are both billionaires.

作為全球首個價值數十億美元的首次代幣發行(ICO) 的指揮者，Ripple 目前擁有900 多名員工，並向多家加密貨幣公司投資了6 億美元，其中兩位創始人Jed McCaleb 和Chris Larsen 都是億萬富翁。

Two of Ripple’s portfolio companies, Bitstamp and Bitso, account for one-fifth of RLUSD’s trading volume, according to CoinGecko data. Additionally, the EOS-friendly Bullish exchange contributes to a large portion of RLUSD liquidity.

根據 CoinGecko 的數據，Ripple 的兩家投資組合公司 Bitstamp 和 Bitso 佔 RLUSD 交易量的五分之一。此外，對 EOS 友善的看漲交易所貢獻了很大一部分 RLUSD 流動性。

RLUSD will destroy tether! This is why. pic.twitter.com/dEfRcpQKd7

RLUSD 將摧毀 Tether！這就是原因。 pic.twitter.com/dEfRcpQKd7

Interestingly, failing to gain listings on several major crypto exchanges may be contributing to the stablecoin’s difficulty in attracting attention and competing with its rivals. Moreover, the thin liquidity on its trading pairs has also shown slight fluctuations from its intended $1 price.

有趣的是，未能在幾家主要加密貨幣交易所上市可能會導致穩定幣難以吸引註意力並與競爭對手競爭。此外，其交易對的流動性也較其預期的 1 美元價格略有波動。

Since CoinGecko began tracking its price history on Dec. 17, RLUSD has traded as low as $0.97 and as high as $1.07. At the time of publication, it trades within 10 basis points of its $1 peg.

自 CoinGecko 於 12 月 17 日開始追蹤其價格歷史以來，RLUSD 的交易價格最低為 0.97 美元，最高為 1.07 美元。截至本文發佈時，其交易價格與 1 美元掛鉤的幅度在 10 個基點以內。