Ripple: RLUSD Reaches $2B Market Cap
Ripple reports RLUSD crossed $2B market cap with nearly $1B on XRP Ledger since December 2024 launch for enterprise use.
SourceAnalysis
Ripple announced RLUSD crossed the $2B market cap threshold last week, including close to $1B issued directly on the XRP Ledger. The stablecoin went live in December 2024 and targets real-world utility plus enterprise-grade applications. RLUSD market cap milestone reflects accelerating XRP Ledger stablecoin issuance and broader enterprise stablecoin adoption trends.
Ripple
@RippleAs the official account of Ripple, the company focuses on transforming global payments through its enterprise blockchain solutions and digital asset XRP. It shares updates on institutional adoption, regulatory engagements, and technology developments in cross-border finance and central bank digital currencies (CBDCs).