Ripple's stablecoin RLUSD has surpassed the memecoin BONK in both market capitalization and trading volume, now ranking 69th with a market cap of $1.02 billion. RLUSD's 24-hour trading volume increased by 61.39% to $146.09 million, slightly exceeding BONK's $145.6 million. The rise of RLUSD is driven by institutional adoption, including a partnership with Mastercard for blockchain settlement, while BONK experiences a 5.4% price decline amid retail market volatility.