💰 RLUSD Hits $1B: Is Ripple the New Tsar of Stablecoins? 🤑

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In the Gulag of Finance, a New Prisoner Rises

What milestone has RLUSD, the stablecoin of the oppressed, achieved on Ethereum?

Ripple’s RLUSD, the stablecoin that dares to whisper of freedom in the chains of regulation, has surpassed $1 billion in circulating supply on Ethereum. In a world where fiat reigns supreme, this is no small rebellion. It stands as one of the fastest-growing regulated USD stablecoins of the quarter, a thorn in the side of the financial oligarchy.

What fuels this insurrection of RLUSD?

Recent regulatory approval in Abu Dhabi, where the desert sands whisper of compliance, strong credentials that would make a bureaucrat blush, and growing multi-chain liquidity on Ethereum and XRPL have ignited institutional demand. The wheels of the machine grind, but RLUSD slips through the gears.

Ripple’s RLUSD, the stablecoin that refuses to kneel, has crossed $1 billion in circulating supply on Ethereum. This marks its most defiant phase since its clandestine launch. It now stands among the fastest-expanding regulated USD stablecoins this quarter, a beacon of resistance in a sea of conformity. 🌊

The milestone, unearthed by the watchful eyes of DefiLlama, reflects a growing army of institutional adopters. This follows fresh regulatory approvals and an expanding multi-chain liquidity that would make a smuggler proud.

The Ethereum-based supply now claims the majority of RLUSD’s total market cap, hovering near $1.02 billion across all networks. A modest fortune, but enough to stir the pot. 🍲

Its rapid expansion on the world’s largest stablecoin settlement chain signals that demand is not just from the loyal XRPL users, but from institutions and DeFi participants swimming in Ethereum’s deep liquidity pools. The revolution is not confined to one ledger.

Regulatory Winds Fill the Sails of RLUSD’s Institutional Confidence

The surge follows a decree from the Abu Dhabi Global Market’s Financial Services Regulatory Authority [FSRA], which has anointed RLUSD as an “Accepted Fiat-Referenced Token.” A title that smells of bureaucracy but tastes of opportunity. 🏛️

This approval allows licensed banks, payment firms, brokers, and fintech companies within the ADGM to use RLUSD for collateral, settlements, and regulated financial operations. The chains of compliance tighten, but RLUSD dances within them.

The designation adds to RLUSD’s existing New York trust charter oversight, giving Ripple one of the strongest regulatory footprints in the stablecoin sector. A fortress of paper, but a fortress nonetheless. 📜

Ripple assures us that RLUSD is backed by cash and U.S. treasuries, a structure as solid as USDC and other regulated fiat-backed tokens. For institutions in the Middle East, Europe, and Asia, this makes RLUSD an appealing alternative to the shadowy stablecoins of the offshore world. 🌍

A Growing Empire Across Ethereum and XRPL

While RLUSD is native to the XRPL, where it now commands an estimated 77% of all stablecoin value, Ethereum has become its primary growth driver. The chain’s DeFi ecosystem, lending protocols, and institutional RWA have made it the natural settlement layer for regulated USD liquidity. A marriage of convenience, but a marriage nonetheless. 💍

Bridging between XRPL and Ethereum has also increased following new ecosystem integrations. This enables cross-chain liquidity providers and exchangers to tap RLUSD for payments, swaps, and corporate settlement flows. The web of influence spreads. 🕸️

For Ripple, Ethereum’s scale provides RLUSD with a distribution channel that extends far beyond XRPL. It positions it directly alongside USDC, PYUSD, and other regulated competitors. A seat at the table, but will it be enough? 🪑

A Growing Role in the Stablecoin Gulag

RLUSD’s climb above $1 billion on Ethereum places it in the top tier of new-generation stablecoins. Yet, its footprint remains modest compared to the giants like USDT and USDC. David among Goliaths, but with a slingshot of regulatory clarity, cross-chain presence, and accelerating demand, Ripple seems poised to claim a meaningful share of the compliant stablecoin market as we march into 2026. 🏹

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2025-11-27 23:29