Ripple's RLUSD Stablecoin Surpasses $2.4 Billion Circulating Supply

Ripple's RLUSD stablecoin has reached an all-time high circulating supply of $2.44 billion, representing a 40% increase in just 30 days.

The majority of this expansion comes from Ethereum (ERC-20), which now holds approximately 56.5% ($1.38 billion) of the total supply, surpassing XRP Ledger's (XRPL) 43.5% ($1.05 billion) share.

The average RLUSD wallet balance on Ethereum stands at around $106,000, driven by institutional treasury management and decentralized finance (DeFi) deployments, while XRPL holds over 69,000 distinct wallets with an average balance of approximately $15,000.