Ripple’s USD-backed stablecoin, RLUSD, has seen a remarkable surge, with its reserves now valued at an impressive $773.6 million. This significant growth highlights the growing confidence in the cryptocurrency, bolstered by a detailed audit conducted by Deloitte & Touche LLP. The audit is a key step in reinforcing Ripple’s commitment to transparency and regulatory compliance within an industry often scrutinized for its lack of oversight.