Ripple's stablecoin RLUSD has recorded a substantial increase in trading volume, reflecting growing interest among users in the cryptocurrency market.
Increase in RLUSD Trading Volume
The trading volume of RLUSD surged by 260.43%, reaching $69.72 million over the past 24 hours, indicating strong user interest.
Rising Popularity on Exchanges
RLUSD is gaining traction in the stablecoin market despite the dominance of Tether (USDT) and Circle (USDC). In June 2025, RLUSD was among the top three traded stablecoins on Bitstamp. Bitstamp's general manager, Leonard Hoh, highlighted that RLUSD unlocks real-world utility for retail users. Additionally, Bitget recently listed two new RLUSD trading pairs, contributing to the overall trading volume surge.
DeFi Integration as a Growth Factor
Another significant indicator of increased demand is seen on the DeFi platform Euler Finance, where the volume borrowed in RLUSD recently hit an all-time high of 49.97 million RLUSD. This is notable since RLUSD was listed on the platform only in May 2025 and can be used as collateral for borrowing.
The growing interest in RLUSD may positively impact XRP, the native currency of the ecosystem, which has remained above $2 despite overall market volatility.
