RLUSD Market Cap Tops US$1.2 B as Stablecoin Gains Traction Across Ethereum and XRPL
Ripple’s U.S. dollar–backed stablecoin, RLUSD, has surpassed a $1.2 billion market cap, reflecting rising demand for compliant, transparent stablecoins. The growth is fueled by broader adoption on both Ethereum and XRPL networks, steady regulatory clarity, and growing interest from institutional players.
Coinccino 
What’s Driving RLUSD’s Momentum
- Cross-chain expansion: RLUSD started on XRPL, but a large portion of the supply has migrated to Ethereum, with about 82% now on Ethereum.
- Robust, institutional-grade backing: RLUSD is issued within regulated trust structures, backed by USD reserves and third-party attestations—credentials that matter to institutions seeking reliability.
- Regulatory traction: ADGM (Abu Dhabi Global Market) recently approved RLUSD for use in compliant institutional payments, collateral, and treasury operations, signaling regulatory endorsement.
- Liquidity and DeFi integration: On Ethereum, RLUSD is integrated with major DeFi platforms, enjoying deep liquidity and strong composability, which enhances its appeal over some smaller, less connected stablecoins.
Taken together, these factors have helped RLUSD grow from launch to a leading stablecoin by market cap in under a year.
Why This Matters for Crypto and Global Finance
- Greater institutional confidence in stablecoins: A regulated, transparent option like RLUSD can help bridge traditional finance with crypto, supporting payments, settlements, and liquidity management.
- Diversification away from legacy stablecoins: As regulatory environments evolve, RLUSD offers a compliant alternative for institutions and traders seeking stability.
- The cross-chain trend: The move of supply toward Ethereum highlights how stablecoins are becoming multi-chain assets, expanding flexibility and access across ecosystems.
- Potential for global payments: Regulatory approvals in major hubs like ADGM suggest RLUSD could play a larger role in international remittances, cross-border liquidity, and enterprise-level crypto finance.
