Following a victory in its legal dispute with the SEC, Ripple continues to make strides. Ripple’s stablecoin project, RLUSD, has hit another major milestone on Ethereum. The weekly transfer volume of RLUSD now exceeds $1 billion, according to on-chain analytics firm Token Terminal. This surge comes after RLUSD launched last year and signifies its growing popularity among users. 6,000 individuals are currently holding RLUSD, a significant increase from the beginning of the year. This indicates that RLUSD has broad adoption rather than being concentrated in just a few hands, according to Token Terminal. While still far behind market leaders like Tether and USDC, the achievement underscores RLUSD’s growing importance within the stablecoin ecosystem.