XRP Stablecoin Volume Soars 37% After Gemini Listing

XRP has taken center stage once again, this time thanks to a sharp surge in trading activity tied to Ripple’s USD-backed stablecoin, RLUSD. The token experienced a considerable 37.72% increase in 24-hour volume, rising to $68.58 million, according to CoinMarketCap. This unexpected spike adds a new chapter to Ripple’s broader push into the stablecoin landscape.

RLUSD’s newfound momentum is more than a short-term volume pump—it reflects Ripple’s strategic positioning in a stablecoin ecosystem predominantly ruled by industry giants such as USDT and USDC. The increased transactional activity also boosted RLUSD’s volume-to-market cap ratio to an impressive 21.6%, a notable level in the stablecoin sector that typically sees much lower activity relative to market cap.

What’s fueling this surge? A key factor appears to be RLUSD’s recent debut on Gemini, a high-profile U.S.-based cryptocurrency exchange. Listings on authoritative platforms like Gemini typically bring increased investor confidence, improved liquidity, and broader market exposure. RLUSD’s Gemini inclusion is no exception—it has likely contributed to the surge in trading demand and visibility.

Currently, Ripple’s stablecoin boasts a market cap of roughly $317 million. While this places it behind front-runners such as Tether and USDC, it does give it an edge over smaller tokens like Gemini Dollar (GUSD) and EURC. As competition intensifies in the stablecoin market, RLUSD’s ability to climb up the charts shows Ripple’s growing influence.

Ripple isn’t just stopping at visibility boosts and exchange integrations. Reports suggest the company had entered acquisition talks to snap up Circle’s USDC business, with speculated offers believed to range between $5 billion and $20 billion. Although nothing has been officially confirmed or completed, even this rumored move showcases Ripple’s ambitions to make a bold leap in the stablecoin hierarchy by going head-to-head with the market’s largest players.

The rise of RLUSD could also signal a strategic shift for Ripple as it leverages the reputation of XRP and its blockchain efficiency to carve out a bigger role in decentralized finance. The timing of such growth is especially noteworthy, as stablecoins increasingly become central to cross-border payments, DeFi platforms, and daily crypto trading activities.

While it remains to be seen if RLUSD can sustain this newfound momentum, the indicators suggest a strong start. With a favorable volume-cap ratio and appearances on major exchanges, the token is gaining both liquidity and credibility—two key elements for success in the stablecoin sector.

Ripple’s latest moves show a company not just reacting to the market, but actively reshaping its role within it. As more attention is drawn to stablecoins, particularly in terms of regulation and utility, RLUSD’s performance could be pivotal in how Ripple capitalizes on future trends in the crypto economy.

Whether RLUSD becomes a definitive force in the stablecoin landscape or a stepping-stone to something bigger, one thing is clear—XRP remains a vital player in the evolution of blockchain-based currencies.

For crypto enthusiasts and investors tracking the evolution of stablecoins, RLUSD’s growth and Ripple’s moves offer a front-row seat to a fast-changing financial ecosystem where XRP continues to assert its relevance and leadership.

Related: Expert Advice: Sell XRP If You’re Confused