Ripple XRP stablecoin RLUSD has reached a total supply of $176 million, signalling growth and usage in Ripple’s stablecoin entry in the cryptocurrency markets.
The news comes as Ripple CEO Brad Garlinghouse announced that the SEC had dropped their appeal against them, causing XRP’s price to surge.
With the SEC off Ripple’s back, the firm will now have room and regulatory blessings to expand their reach in the US and global markets.
Ripple’s RLUSD Is on the Move
The stablecoin’s supply has risen from around $100 million at the beginning of the year to $176 million, signifying usage of the token.
Crypto stablecoins are important assets for traders and investors as a way to withstand market volatility, take loans or deposit tokens into a yield earning protocol.
With the SEC’s Crypto Task Force pushing for deregulation in crypto and more emphasis on stablecoin adoption, the total market capitalization of the sector rose to $230 billion in early 2025.
It’s not only traders who benefit from stablecoins being stable. Institutional players are also stocking up on Tether’s USDT and Circle’s regulatory friendly USDC thanks to their liquidity and use cases.
Tether’s USDT is the largest stablecoin in the market with a current market cap of $143 billion compared to USDC’s $59 billion. As of March 2025, USDT’s dominance in the stablecoin sector sits at 62.16%.
Ripple’s RLUSD will have a long journey ahead of it in terms of catching up, but RLUSD’s use cases in Ripple’s grand cross-border payments plan might tip the scales in the stablecoin ecosystem.
Ripple Expands Globally With Payment Licenses and Collaborations
Ripple’s RLUSD token is available on the XRP Ledger and Ethereum to capture a wider user base.
Over 2025, Ripple has outlined their plans of expanding Ripple payments services and making new adoption integrations with businesses and institutions from around the world including Europe and the Middle East.
Recently, Ripple secured a DFSA ( Dubai Financial Services Authority) license to facilitate regulated crypto payments in the Dubai International Finance Centre (DIFC) within the UAE, a market worth over $400 billion+.
As Ripple’s first payments license in the region, businesses will be able to utilize Ripple’s cross-border payment service with secure, regulatory oversight.
The expansion shows the breadth of Ripple’s growth with the license coming in not long after the firm set up Brazil-Portual instant payments.
Working with the oldest and largest foreign exchange bureau in Portugal, Ripple and Unicâmbio introduced instant, affordable, international payments between Brazil and Portugal.
Within 2025, RLUSD usage may increase tenfold as Ripple makes large expansions across the world in regions where it matters. Over time, it will not be hard to imagine the RLUSD stablecoin sitting alongside USDC’s $56 billion marketcap.
