Ripple's RLUSD Stablecoin Supply Hits $2 Billion Mark
Ripple's RLUSD stablecoin supply has surpassed $2 billion in under two years, according to recent data from KuCoin.
This milestone is a significant achievement for Ripple, which launched RLUSD in December 2024 as a stablecoin positioned for institutional use.
Nearly $1 billion of the circulating supply was issued on the XRPL (Ripple) network, demonstrating its growing adoption and usage.
Ripple's Senior Vice President on Stablecoins, Jack McDonald, described this milestone as 'another piece of evidence of momentum behind the RLUSD.'