Ripple Pursues $13 Trillion Corporate Treasury Market for RLUSD Stablecoin
Ripple is eyeing the $13 trillion corporate treasury market as a key growth opportunity for its RLUSD stablecoin, which has already grown to a circulating supply of over $2.4 billion on Ethereum and the XRP Ledger.
The company plans to expand the use of RLUSD in payments, settlement, and collateral through its treasury management platform, which serves 1,200 companies.
Ripple also aims to enter European markets with a compliant dual-issuance stablecoin structure under the EU's MiCA framework, pending regulatory approvals.