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Ripple’s RLUSD Stablecoin Surpasses $500 Million, Enters Top 20 Rankings

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  • RLUSD climbs into stablecoin top 20 after rapid growth.
  • AMINA Bank backs RLUSD, boosting volume and institutional support.
  • Ripple targets $1 billion milestone with strategic partnerships and regulation.

Ripple’s U.S. dollar-backed stablecoin RLUSD has officially crossed the $500 million market capitalization mark, placing it among the top 20 stablecoins globally. According to CoinMarketCap, RLUSD’s circulating supply has reached 501.24 million, with its market value standing at $501.21 million.

This accomplishment occurred only seven months after the asset was launched. This boost shows increased interest in RLUSD, even though major stablecoins such as Tether (USDT) and USD Coin (USDC) have dominated the market.

One milestone that influenced this growth is the participation of a regulated financial firm in Switzerland, AMINA Bank. The bank recently became the first to provide custody and trading services to RLUSD. After this announcement, RLUSD’s trading volume increased by 20 percent.

Also Read: Ripple Taps BNY Mellon to Secure $43T Stablecoin Reserves for RLUSD Launch

Another way Ripple has made its mark on RLUSD is by partnering with OpenPayd, a fintech company in London, to facilitate payments. The partnership will offer scalable payment services, especially cross-border payments. This program is geared towards making RLUSD more useful in financial networks.

Path Toward $1 Billion Market Cap Gains Traction

Market participants expect RLUSD’s momentum to continue, with projections suggesting the asset could reach a $1 billion valuation before the end of 2025. The combination of institutional support, expanding use cases, and active development positions the stablecoin for sustained growth.

Regulations in the United States can enhance this trend. The forthcoming GENIUS Act is expected to create a regulatory environment for stablecoins. Assuming it becomes law, it will establish norms of compliance, greater consumer protection, and clarity for digital asset issuers such as Ripple.

Ripple CEO Brad Garlinghouse has expressed optimism about the RLUSD’s capacity to challenge the best stablecoins in the market. The asset’s increased adoption is a manifestation of institutional and retail interest in new players in the stablecoin environment.

RLUSD’s continued expansion underscores Ripple’s broader efforts to strengthen its role in global financial infrastructure. The stablecoin’s rapid rise into the top tier of the market signals its increasing relevance in the evolving digital economy.

Also Read: Japan Now Lets You Trade Credit Card Points for Bitcoin, XRP, and Ethereum

The post Ripple’s RLUSD Stablecoin Surpasses $500 Million, Enters Top 20 Rankings appeared first on 36Crypto.

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