RLUSD Soars to Top 3 on Bitstamp as Stablecoin Market Cap Reaches $250 Billion

Leonard Hoh, general manager of Bitstamp, a prominent European cryptocurrency exchange owned by Robinhood, revealed during the recent XRPL community summit, Apex 2025, that RLUSD, Ripple’s latest stablecoin, has rapidly gained traction on the XRP Ledger. Hoh highlights the significant growth within the stablecoin market, exceeding $250 billion in capitalization and noting Bitstamp as one of the leading liquidity hubs for both XRP and RLUSD. This boost is driving substantial activity across the XRPL ecosystem.