XRP Stablecoin RLUSD Hits $500M Milestone, Eyes $1B Next

The XRP-powered stablecoin RLUSD has officially surpassed a major benchmark, signaling Ripple’s growing momentum in the digital assets arena. The stablecoin recently topped 501 million tokens in circulation, bringing its market capitalization to over $501 million, according to recent data. This remarkable achievement places RLUSD firmly within the ranks of the top 20 global stablecoins.

Ripple introduced RLUSD just seven months ago, and the asset’s rapid adoption highlights the increasing confidence in XRP-based financial solutions. As a dollar-pegged stablecoin, RLUSD competes directly with industry stalwarts like Tether (USDT) and Circle (USDC), yet it continues to establish a unique path of growth within the broader cryptocurrency infrastructure.

This expansion is largely driven by Ripple’s strategic efforts to broaden RLUSD’s reach through institutional adoption and strategic partnerships. One key development came when AMINA Bank, a regulated financial institution in Switzerland, began offering both trading and custody services for RLUSD. This milestone marked the first time a bank integrated the stablecoin into its operations, triggering a surge in RLUSD’s transaction volume by 20%.

Further fortifying its position, Ripple has teamed up with London-based fintech firm OpenPayd. This collaboration is crucial for enhancing the stablecoin’s use case by enabling seamless cross-border payments and improving scalability. Through OpenPayd’s payment infrastructure, businesses and users will benefit from more efficient and cost-effective international transactions using RLUSD.

In light of these partnerships and the current growth trajectory, experts and enthusiasts speculate that RLUSD could reach the $1 billion market cap target by the first quarter of 2026. If current momentum continues, it’s even possible the milestone could be met before the end of 2025. This forecast reflects increasing confidence in Ripple’s ecosystem and the expanding utility of XRP-backed assets.

Regulatory developments in the United States may further accelerate RLUSD’s growth. The proposed GENIUS Act aims to create a comprehensive federal framework for stablecoins, potentially providing clearer legislative backing and stronger consumer protections. With such regulation in place, RLUSD would have a more favorable environment in which to thrive.

Ripple’s CEO, Brad Garlinghouse, has stated his ambition for RLUSD to become a substantial competitor to major incumbents like USDT and USDC. The coin’s current performance indicates that it is well on its way to achieving that vision. If Ripple maintains its expansion strategy and leverages regulatory tailwinds effectively, RLUSD could soon become a core pillar of the stablecoin market.

As the XRP ecosystem continues to evolve, RLUSD’s success also strengthens the foundation for other XRP-related financial innovations. Ripple’s ongoing efforts to expand RLUSD’s functionality signal long-term intentions to shape the global remittance and payment landscape through blockchain-powered solutions.

For now, eyes are set on whether RLUSD can sustain this growth curve and ultimately breach the billion-dollar mark, further solidifying XRP’s influence in the stablecoin sector.

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