Ripple’s RLUSD Stablecoin Surges Past $1.26B as Adoption Accelerates
Ripple USD has entered a new phase of market growth, surpassing the 1 billion supply mark on Ethereum. RLUSD’s fast expansion has strengthened its position among major stablecoins, showing steady demand across trading platforms, wallets, and payment services. For an asset less than a year old, this milestone represents a notable achievement for the dollar-pegged stablecoin.
In brief
- RLUSD supply on Ethereum reaches 1.261B, marking major growth and solidifying its position among top stablecoins.
- Daily trading volume exceeds $43M, signaling rising comfort and consistent usage among traders on major platforms.
- New listings, wider wallet support, and measured minting fuel RLUSD’s expanding presence across global crypto markets.
- Approval in Abu Dhabi enables RLUSD as lending collateral, strengthening its real-world utility and regulatory foothold.
RLUSD’s Rapid Growth Signals Rising Competition in Stablecoin Market
RLUSD supply on Ethereum has reached 1.261 billion, giving the token an equivalent market capitalization. Having launched about twelve months ago, this pace shows that users are consistently adopting RLUSD across the Ethereum ecosystem.
According to on-chain reports, more than 1.02 billion tokens are now minted and active on the network. As a result, this has helped improve liquidity and better position RLUSD in a market long dominated by USDT and USDC.
Market data shows that RLUSD has reached daily trading volumes of over $43 million, putting it close to PayPal’s PYUSD. In addition, it shows that traders are comfortable using the token for frequent transactions.
Although the supply remains far below USDT’s roughly $183 billion and USDC’s $75 billion, RLUSD has already climbed to the 8th spot among stablecoins by market cap—an impressive rise for a recent entrant.
Ripple’s Stablecoin Moves Ahead of BONK as Market Cap Surges Past $1.26B
Crypto commentators note that the stablecoin’s growth has come from multiple sources. For instance, support from exchanges, wallets, and payment platforms has helped the token reach a wider audience, especially among retail users.
Ripple has also kept minting activity at a measured pace, rather than ramping up supply too quickly, keeping issuance in line with real demand. Activity continues to pick up, with another 10 million RLUSD minted on the XRP Ledger over the past 72 hours. Experts suggest that such a trend indicates ongoing interest from both traders and institutions.
Several factors have contributed to the expansion:
- Additional exchange listings , including Bitget.
- New issuance on Ethereum and the XRP Ledger.
- Use in cross-border settlement services for retail and institutional users.
- Growing availability in decentralized wallets.
Developments in the Middle East have added to the growing momentum around the fiat-pegged asset. RLUSD recently secured approval in Abu Dhabi to be used as lending collateral within the Abu Dhabi Global Market financial free zone.
Users in the region can now lock RLUSD as collateral on recognized platforms. This new real-world utility has further solidified Ripple’s foothold in regulated finance.
Recent market movement has also pushed RLUSD ahead of BONK in total valuation. Its market cap of $1.261 billion now surpasses BONK’s, which fell to $823.59 million, marking another change in the rankings as stablecoins continue to play a larger role across crypto markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s Sharp Decline: What Causes the Price Swings?
- Bitcoin dropped 32% in late 2025, falling from $126,300 to below $86,000 amid macroeconomic pressures and regulatory uncertainty. - Fed rate cut expectations and stalled CLARITY Act legislation fueled investor panic, while 3.1% inflation and disrupted employment data worsened risk-off sentiment. - Institutional buyers accumulated 18,700 BTC in November, contrasting retail-driven selloffs, as Fear & Greed Index signaled extreme bearishness before partial recovery. - Market analysts highlight the need to b

Bitcoin Updates: Altcoin Momentum Faces Resistance from Wall Street’s Bitcoin-Linked Structured Products
- Animoca Brands plans 2026 U.S. IPO, shifting focus to altcoins and real-world asset tokenization to attract traditional investors. - Tom Lee revised Bitcoin forecast to $100,000 by year-end, citing market volatility and macroeconomic risks after October's $19B liquidation event. - JPMorgan launched Bitcoin-linked structured notes via BlackRock ETF, reflecting Wall Street's growing acceptance of crypto as a long-term asset class. - Industry trends highlight altcoin diversification, with Animoca's co-found

ZEC Surges 701.51% This Year as Grayscale Files for Zcash ETF and Institutional Demand Increases
- Grayscale filed an S-3 registration with the SEC to convert its Zcash Trust into the first U.S. spot ETF for privacy-focused ZEC, signaling growing institutional adoption. - Zcash's shielded transactions now account for 30% of trades, with 20-25% of its supply stored in encrypted addresses, highlighting demand for privacy-enhanced crypto. - ZEC surged 701.51% year-to-date in 2025 but fell 13.26% weekly, reflecting crypto market volatility despite outperforming Bitcoin and Ethereum . - The pending ETF app

Zcash News Today: Crypto’s Schism: Doubt in L1s Contrasted with Growth at the Application Layer
- QwQiao critiques speculative L1 tokens (e.g., Bitcoin , Ethereum) for scalability issues and volatile valuations, contrasting them with utility-driven application-layer innovations. - Application-layer projects like DeFi, NFTs, and privacy-focused Zcash (ZEC) gain traction via real-world use cases, exemplified by Grayscale's ZEC ETF and Bitcoin Munari's structured token sales. - Dynamic tokenomics and institutional adoption (e.g., Ripple's RLUSD approval) highlight shifting priorities toward sustainable

