RLUSD breaks the billion mark: how Ripple's stablecoin is rewriting the rules of the game

Less than a year since its launch, RLUSD from Ripple has broken through a psychological and market barrier — its market capitalization has reached $1 billion. For a stablecoin, this is not just a number on paper: it reflects real demand in the market and recognition from serious financial players.

Why Verification Is RLUSD’s Main Advantage

The key to the stablecoin’s success lies in its transparency and reliability. Each token is fully backed by cash and cash equivalents held at BNY Mellon, one of the world’s largest custodians. Moreover, an independent audit by Deloitte guarantees honesty and compliance with all standards — this is what sets RLUSD apart from many competitors in the market.

From Financial Giants to Mass Adoption

So far, the stablecoin is used by major financial institutions — BlackRock and VanEck have already integrated it into their operations. This indicates that Ripple has managed to earn the trust of the traditional financial sector, not just crypto enthusiasts.

Expansion into the Ethereum Ecosystem

The next stage of RLUSD development is global expansion. Ripple plans to integrate the stablecoin into Ethereum’s layer 2 networks, including Base and Optimism. The Wormhole bridge will enable seamless transfer of liquidity between chains, which is critically important for the token’s growth and market appeal.

This approach demonstrates Ripple’s strategic vision: not to be confined to its own ecosystem, but to become a ubiquitous tool for transactions across different blockchains.