Ripple (XRP) 备受期待的稳定币 Ripple USD (RLUSD) 自 12 月中旬推出以来未能获得关注。

尽管这家资本雄厚的公司拥有数十亿美元的资金和数十年的区块链行业经验，但 XRP 代币甚至还没有占据稳定币行业 0.04% 的市场份额。

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.

比特币 (BTC) 极端主义者一直在庆祝最近像 Tether (USDT) 这样的中心化稳定币未能维持与美元挂钩的局面。与此同时，XRP粉丝们一直在热切等待Ripple自己的稳定币的推出，希望它最终能在稳定币行业获得重要的市场份额。

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，尽管 Ripple USD (RLUSD) 于 2023 年 12 月中旬推出，但它未能在市场上获得任何有意义的吸引力。尽管得到了一家拥有数十亿资金和十年区块链行业经验的公司的支持，XRP 代币尚未占领稳定币市场的 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 市值仍低于 7500 万美元。从这个角度来看，仅 Tether 的市值就达到 1370 亿美元。

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.

尽管 Ripple 宣传其新稳定币是一种企业级解决方案，旨在满足机构金融用例的需求，但其乏善可陈的表现引发了人们对本已拥挤的行业对另一种美元替代品的需求的质疑。

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.

令人沮丧的是，只有少数交易所挂牌 RLUSD 进行交易，而且其交易量很大一部分集中在 Ripple 之前投资的交易所，例如 Bitstamp 和 Bitso。

The billionaire-backed RLUSD stablecoin

亿万富翁支持的 RLUSD 稳定币

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.

作为全球首个价值数十亿美元的首次代币发行 (ICO) 的指挥者，Ripple 目前拥有 900 多名员工，并向多家加密货币公司投资了 6 亿美元，其中两位创始人 Jed McCaleb 和 Chris Larsen 都是亿万富翁。

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.

根据 CoinGecko 的数据，Ripple 的两家投资组合公司 Bitstamp 和 Bitso 占 RLUSD 交易量的五分之一。此外，对 EOS 友好的看涨交易所贡献了很大一部分 RLUSD 流动性。

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

RLUSD 将摧毁 Tether！这就是原因。 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，未能在几家主要加密货币交易所上市可能会导致稳定币难以吸引注意力并与竞争对手竞争。此外，其交易对的流动性也较其预期的 1 美元价格略有波动。

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 于 12 月 17 日开始追踪其价格历史以来，RLUSD 的交易价格最低为 0.97 美元，最高为 1.07 美元。截至本文发布时，其交易价格与 1 美元挂钩的幅度在 10 个基点以内。