The circulating supply of Ripple’s RLUSD stablecoin has reached 2.49 billion tokens, with a market capitalization nearing $2.5 billion according to CoinMarketCap. This milestone places the financial instrument, launched in December 2024, in a dominant position within its native ecosystem.
Data from DefiLlama shows a surge in total stablecoin supply on the XRP Ledger network. The asset volume rose 6% over the past seven days and gained 11% over 30 days to reach the $1.19 billion mark. Out of the network’s total liquidity, around $1.10 billion comes from RLUSD deposits, giving Ripple a market share of over 92% in the XRPL ecosystem.
Dedicated Institutional Access
The remaining RLUSD supply spans across Ethereum and several other supported chains included in the integration list. This cross-chain circulation is driven by corporate client activity using the Ripple Mint portal since July 2026. The portal operates as an access point for large-scale entities to manage their capital flows.
Through the Ripple Mint interface, clients can mint and redeem RLUSD tokens directly via API integration. This digital connection allows enterprises to embed stablecoin rails directly into their internal treasury hubs, slashing inter-institutional transfer costs while reducing reliance on public crypto exchanges.
Targeting a Trillion-Dollar Market
Ripple is targeting the global corporate cash settlement sector as the primary market for RLUSD utilization. The treasury API integrations serve as the foundation to tap into an industry processing $13 trillion in annual transaction volume.
The focus on multinational clients sets RLUSD’s adoption roadmap apart from retail stablecoins. Once value settlement flows are embedded into internal systems via API channels, transaction activity no longer follows day-trader sentiment. Corporate asset transfers are instead settled behind server room doors, away from public exchanges.
Reported via crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
