Ripple's Stablecoin Supply Hits $2.44B in Under Two Years

Ripple's dollar-pegged stablecoin RLUSD has surpassed $2.44 billion in supply, just under two years since its launch.

This rapid growth reflects Ripple's strategy to use RLUSD as a settlement tool for payments, lending, and tokenized assets, rather than solely as a trading token.

The stablecoin aims to attract institutional treasury flows, particularly with Ripple's recent acquisition of GTreasury, which manages $13 trillion annually.

While the supply milestone is significant, actual usage in lending and payments will be the key indicator of RLUSD's adoption as regulatory clarity evolves, particularly in the U.S. and Europe.