RLUSD Tops $2 Billion in Market Cap, Closing In on PayPal USD
Ripple's RLUSD stablecoin has reached a market capitalization of $2.035 billion, making it one of the fastest-growing regulated stablecoins.
This achievement comes just over two years after its launch in December 2024, and its supply is approaching $1 billion on the XRP Ledger.
RLUSD is currently ranked among the top stablecoins by market capitalization, with Tether's USDT holding the lead at approximately $183 billion.
The RLUSD Treasury has been involved in multiple minting activities over the past day, adding fresh liquidity to the ecosystem.