RLUSD Hits New Supply Milestone with Over 2.5 Billion Tokens Circulating

Ripple's native stablecoin, RLUSD, has reached a new milestone in its total market supply. According to CoinMarketCap data, the asset now boasts a total supply of 2,520,234,035.02 RLUSD, marking a substantial increase from last month.

The growth of RLUSD is evident not only in its increasing supply but also in its expanding user base. The stablecoin's market capitalization has reached $2,520,303,254.33, matching its fully diluted valuation. This milestone comes at a time when sentiment is turning positive for crypto users.

The 24-hour trading volume of RLUSD surged to $253.5 million as of September 30, marking an increase of 22.72% over the last day. The rapid growth of RLUSD has also led to an expansion in its holder count, with over 12,650 holders now holding the stablecoin.