Ripple's stablecoin, RLUSD, has reached a new milestone with $10 billion in daily transaction volume, highlighting its growing significance in financial technologies.
Growth of RLUSD Transaction Volume
Since the beginning of 2025, the stablecoin RLUSD has seen significant increases in activity, achieving record daily transaction volumes. This demonstrates RLUSD's important role in digital financial operations, particularly among DeFi users and international payments.
Increase in RLUSD Supply on Ethereum
Data shows that RLUSD supply on the Ethereum blockchain has trended upward, rising from $100 million in February to over $300 million by May 2025. This surge in supply indicates robust use of the stablecoin across various applications and protocols on Ethereum.
Impact on the Stablecoin Market
The stable peg of RLUSD, tied to the U.S. dollar, and the growing need for stable assets among users are contributing to its surging popularity. Having a reliable means of exchange is especially significant during periods of volatility in the crypto market.
RLUSD demonstrates remarkable growth and development, solidifying its status as a key player in the stablecoin market, actively influencing operations in DeFi and international transactions.
