RLUSD | Crypto

Ripple’s RLUSD stablecoin is rapidly expanding on Ethereum rather than the company’s native XRP Ledger (XRPL). According to CryptoSlate data, RLUSD’s total circulating supply has surged to $1.26 billion within 12 months of its launch. Of this, roughly $1.03 billion, or 82% of the total supply, resides on Ethereum, while the $235 million balance is on […] The post RLUSD supply hit $1.26B, and 82% of it now sits on Ethereum, not XRPL appeared first on CryptoSlate.

Ripple’s dollar-backed stablecoin secures a major regulatory win as Abu Dhabi allows licensed firms to use RLUSD inside its international financial center. Ripple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token by the local watchdog. In a Thursday announcement, Ripple said the approval allows regulated firms to deploy Ripple USD (RLUSD) inside the Abu Dhabi Global Market’s (ADGM) financial zone,  an international financial center and free zone located on Al Maryah and Al Reem Islands in Abu Dhabi. “With a market capitalization of over $1 billion and growing adoption in core financial uses like collateral and payments, RLUSD is quickly becoming a go-to USD stablecoin for major institutions,” said Jack McDonald, senior vice president of stablecoins at Ripple. Read more

The pilot, unveiled at Swell 2025, positions regulated stablecoins like RLUSD as fast, compliant rails for fiat card payments.

For years, Ripple was best known for its legal battles and its token, XRP, which was a symbol of crypto’s friction with the traditional financial world. Now, after years of courtroom and regulatory turbulence, Ripple has quietly built something far more ambitious: a full-stack institutional financial platform that resembles a 21st-century investment bank, albeit without […] The post How XRP and RLUSD are making Ripple the JPMorgan of the crypto industry appeared first on CryptoSlate.

Ripple’s US dollar-pegged RLUSD has entered the top 10 stablecoins by market cap, reaching $1 billion less than a year after launch. Ripple USD, a stablecoin created by XRP issuer Ripple, has surpassed $1 billion market capitalization, marking a significant milestone less than a year after its launch. Officially launched in December 2024, the Ripple USD (RLUSD) stablecoin has achieved a remarkable 1,278% year-to-date growth in market capitalization. The stablecoin first broke through the $1 billion mark on Monday, just a few days after reaching $900 million on Oct. 24, according to CoinGecko data. Read more

Ripple’s $1 billion acquisition of GTreasury marks a new step in its corporate expansion and a direct challenge to the stablecoin distribution problem. While Ripple USD (RLUSD) has shown an impressive 987% growth since its December 2024 launch, reaching a supply of $839.9 million, it still captures only 0.27% of the $301.9 billion stablecoin market. […] The post Ripple’s $1 billion purchase creates RLUSD pathway into Fortune 500 treasuries appeared first on CryptoSlate.

Ripple is deepening its presence in the Middle East through a new partnership with Bahrain Fintech Bay (BFB), the kingdom’s leading fintech incubator and blockchain ecosystem builder. The collaboration, announced on Oct. 9, strengthens Ripple’s foothold in a region rapidly becoming a testing ground for digital asset infrastructure. Indeed, Bahrain has long positioned itself as […] The post How Ripple’s Middle East expansion could put XRP and RLUSD in the flow appeared first on CryptoSlate.

As part of its cooperation with Bahrain Fintech Bay, Ripple aims to bring its custody solution and RLUSD stablecoin to Bahrain’s financial institutions. Ripple, a major blockchain company and issuer of the XRP cryptocurrency, is expanding operations in the Kingdom of Bahrain through a partnership with a local fintech ecosystem builder. Ripple on Thursday announced a strategic partnership with Bahrain Fintech Bay (BFB), a major local fintech incubator closely collaborating with government partners, including the Central Bank of Bahrain (CBB). As part of collaboration, Ripple and BFB will work together to contribute to Bahrain’s digital asset ecosystem, including running fintech pilot projects and testing solutions in areas including cross-border payments, stablecoins, tokenization and more. Read more

RLUSD got the green light, but not XRP.

Crypto exchange Bullish disclosed on Aug. 19 that part of its $1.15 billion IPO proceeds was received in a mix of stablecoins, including Ripple’s RLUSD on the XRP Ledger and President Donald Trump-affiliated USD1. The firm said these tokens were among several digital assets involved in the settlement process, which also included Circle’s USDC and […] The post Ripple’s RLUSD and Donald Trump-linked USD1 used in Bullish’s $1.1 billion IPO settlement appeared first on CryptoSlate.

Ripple’s stablecoin RLUSD grew 32.3% in supply between June and July, surpassing $600 million. This was the second most significant growth in supply among stablecoins with over $500 million in supply growth, lagging only Ethena Labs’ USDe, which grew 63.4% in the same period. RLUSD has been in a strong growth trend since May, nearly […] The post Ripple’s RLUSD stablecoin hits $600M supply milestone in July appeared first on CryptoSlate.

Although some Ripple executives initially suggested that RLUSD might be limited to institutional use, the stablecoin is gaining traction in retail. Update (July 25, 12:10 pm UTC): This article has been updated to correct information related to Ethereum-issued RLUSD and rectify previous information about EVM sidechain-issued RLUSD. Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users. Ripple officially introduced its Ripple USD (RLUSD) stablecoin in late 2024, with CEO Brad Garlinghouse highlighting its institutional focus, setting RLUSD apart from competitors primarily focused on retail use. Read more

Launched in late 2024, Ripple’s enterprise-focused RLUSD stablecoin has hit a $500 million market cap in less than seven months. Ripple’s US dollar-pegged stablecoin, Ripple USD (RLUSD), has received a significant boost by integrating with Transak, a major cryptocurrency payments platform. Transak has officially integrated support for the Ripple USD stablecoin, enabling its 8.3 million users to purchase RLUSD using multiple fiat currencies, the company announced in a statement shared with Cointelegraph on Wednesday. “We worked closely with the Ripple team to understand how RLUSD could benefit from wider distribution across Transak’s global network — spanning more than 450 wallets, DApps [decentralized apps] and exchanges,” said Transak’s head of marketing, Harshit Gangwar. Read more

The XRP price has declined by 2.5% in the past 24 hours, but is the continued adoption of RLUSD the trigger for big gains? The post XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP? appeared first on Cryptonews.

Ripple applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) on July 2, CEO Brad Garlinghouse wrote in a post on X.  The filing would place Ripple USD (RLUSD) under federal supervision while maintaining its existing oversight by the New York Department of Financial Services, creating a “new […] The post Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight appeared first on CryptoSlate.

Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis […] The post RLUSD surpasses $300M supply as Ripple secures UAE backing appeared first on CryptoSlate.

RLUSD stablecoin has won simultaneous clearance from Dubai’s DFSA and New York’s NYDFS, giving Ripple a regulatory edge in the $160 billion stablecoin sector. The approval has allowed 7,000 DIFC firms to route low-cost cross-border payments, while growing UAE demand challenges Tether’s dominance. The post Ripple Scores Key Regulatory Win in the Middle East – Here’s What It Means for RLUSD appeared first on Cryptonews.

Ripple’s RLUSD stablecoin will support the Dubai Land Department’s blockchain initiative to tokenize real estate title deeds on the XRP Ledger. The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin.  Following the approval, DIFC companies can now use the RLUSD stablecoin for various virtual asset services. These may include payments, treasury management and services. The DIFC is a free economic zone and financial district that serves companies throughout the Middle East, Africa and South Asia. The financial zone had nearly 7,000 registered businesses by the end of 2024. Read more

Bitget has broadened its regulated-asset lineup by adding Ripple’s RLUSD, a dollar-pegged stablecoin held in segregated reserves and issued via a NYDFS-chartered trust on both the XRP Ledger and Ethereum. The move has underlined shifting institutional preference toward transparent, utility-focused tokens. The post Bitget Lists Ripple’s RLUSD, Igniting the Race for Regulated Stablecoins appeared first on Cryptonews.