Ripple President Celebrates Landmark XRP Ledger Stablecoin Breakthrough

TL;DR

• RLUSD, Ripple’s stablecoin, has surpassed $1 billion in market capitalization, becoming the largest stablecoin on the XRP Ledger and one of the few also available on Ethereum.
• The company will integrate Prime, GTreasury, and Rail to expand RLUSD’s institutional use in payments, treasury management, and regulated settlement.
• RLUSD is already used as collateral in financial products and was recently listed on Bitpanda, reinforcing its expansion across the European market.

Ripple reached a new milestone in its digital liquidity strategy with the RLUSD stablecoin, which exceeded $1 billion in market capitalization less than a year after its launch in December 2024. It is the largest stablecoin issued on the XRP Ledger and one of the few available on both Ethereum and XRP.

According to CoinMarketCap, RLUSD’s total supply stands at 1.02 billion units distributed across both networks. Ripple emphasized that the stablecoin’s growth is a clear sign of institutional adoption, driven by the ecosystem’s multichain infrastructure.

The company’s president, Monica Long, congratulated the stablecoin team and senior vice president Jack McDonald, who leads RLUSD’s development. Both highlighted that this progress validates Ripple’s operational model and its ability to maintain stable liquidity within regulated systems.

Ripple described the achievement as “just the beginning” and linked RLUSD’s growth to the integration of three strategic units: Prime, GTreasury, and Rail. These platforms enable instant settlement, institutional payments, and treasury management solutions designed to meet international compliance standards.

Ripple Builds a Crypto Ecosystem Designed for Institutions

The expansion of Prime is a key part of this strategy. Following the acquisition of Hidden Road, the firm was transformed into a digital asset spot brokerage platform that now supports OTC transactions involving XRP and RLUSD. The stablecoin is used as collateral in brokerage and derivatives products, strengthening its role within Ripple’s financial infrastructure.

Additionally, RLUSD was listed on Bitpanda, Europe’s largest retail crypto broker, expanding its presence and accessibility across the European market while preparing for further exchange listings. Ripple plans to continue extending availability through licensed platforms.

RLUSD’s performance reflects the technical and commercial maturity of the XRP ecosystem. With corporate backing, multichain liquidity, and integration into real financial products, Ripple has built a stablecoin designed to compete in the institutional segment and bridge traditional finance with digital assets.