RLUSD Reaches $2B Market Cap as XRP Surges 50%

Ripple's stablecoin RLUSD has reached an impressive milestone, surpassing a $2 billion market capitalization just two years after its launch in December 2024. The rapid adoption of RLUSD can be attributed to Ripple's focus on real-world utility and enterprise use cases, attracting both retail and institutional users.

The growth of RLUSD coincides with a significant price surge in XRP, which rose nearly 50% in the same week, signaling increased momentum across the Ripple ecosystem. This expansion suggests that Ripple's stablecoin and XRP are gaining strong market interest and could see further growth in payments and liquidity applications.

RLUSD's supply has grown over 30%, with nearly half of its total supply, close to 1 billion tokens, issued on the XRP Ledger. The stablecoin represents over 90% of stablecoins on the XRP Ledger, driving new liquidity into the market.