Ripple’s RLUSD Reaches $1 Billion Market Cap: A Sign of Regulated Stablecoin Success

Ripple’s RLUSD stablecoin has achieved a significant milestone, surpassing the $1 billion market capitalization mark. This rapid growth is attributed to both retail and institutional adoption, highlighting the increasing demand for regulated, low-volatility assets. The recent mint of 50 million RLUSD tokens on the XRP Ledger (XRPL) played a key role in driving this achievement. Ripple’s strategy has proven successful as RLUSD quickly became the fastest-growing regulated stablecoin in history.