TLDR
- Ripple’s RLUSD stablecoin has surpassed $1 billion in market capitalization.
- RLUSD now ranks among the top ten largest stablecoins globally.
- The stablecoin achieved this milestone just one year after its launch.
- RLUSD surpassed First Digital USD in market cap, reaching $1.027 billion.
- Ethereum hosts 80% of the RLUSD tokens, while the XRP Ledger holds 20%.
Ripple’s stablecoin, RLUSD, has surpassed the $1 billion market capitalization mark. The token now ranks among the top ten largest stablecoins globally. This milestone comes just one year after its official launch.
RLUSD Achieves Major Market Position
Market-tracking platforms including Ripple Stablecoin Tracker and CryptoQuant confirmed the achievement. RLUSD currently holds a market cap of $1.027 billion. The stablecoin has overtaken First Digital USD, which stands at $1.002 billion.
Data from CryptoQuant shows steady growth over eleven months. The distribution reveals that 80% of RLUSD tokens exist on Ethereum. Meanwhile, 20% operate on the XRP Ledger network.
$RLUSD officially crossed $1,000,000,000 market cap across Ethereum and the XRP Ledger.
— Ripple Stablecoin Tracker (@RL_Tracker) November 3, 2025
Ethereum hosts approximately $819 million worth of RLUSD tokens. The XRP Ledger holds around $208 million in value. This dual-chain strategy supports broader adoption across different blockchain ecosystems.
Strategic Partnerships Drive Growth
Ripple established a partnership with The Bank of New York Mellon in July. BNY serves as the primary custodian for RLUSD’s reserve assets. This collaboration strengthened institutional confidence in the stablecoin.
In September, Ripple partnered with Securitize for the integration of tokenized funds. Investors in BlackRock’s BUIDL and VanEck’s VBILL can swap shares for RLUSD directly. Smart contracts enable continuous liquidity for these treasury funds.
The company expanded into African markets during the same month. Partnerships with Chipper Cash, VALR, and Yellow Card facilitate access. Millions of users across Africa can now utilize RLUSD for transactions.
Humanitarian Organizations Adopt RLUSD
World Central Kitchen and Water.org recently began using the stablecoin. These humanitarian groups transfer funds across borders using Ripple’s platform. The system operates 24/7 without traditional banking delays.
Nonprofits can send money globally within seconds using this technology. RLUSD enables faster aid delivery at lower costs. Ripple highlighted the potential for stablecoins in humanitarian work.
The stablecoin maintains full backing by liquid assets on a 1:1 basis. Independent verification ensures reserve transparency and security. The New York Department of Financial Services provides regulatory oversight.
Exchange Listings Expand Accessibility
RLUSD trades on multiple major cryptocurrency exchanges worldwide. Platforms include Bybit, Gemini, Kraken, and Bitso. Bitstamp and Bullish also list the stablecoin for trading.
Ripple provides blockchain-based payment solutions for institutional clients. The company also offers custody and prime brokerage services. Both XRP and RLUSD support the company’s infrastructure for the adoption of digital assets.
The stablecoin’s growth reflects increasing institutional and retail interest. Trading volume continues to expand across supported platforms. RLUSD’s presence in humanitarian efforts demonstrates practical use cases beyond standard transactions.
