Ripple USD stablecoin, RLUSD, is closing in quick on a $500 million market cap — simply as 16 million new tokens had been minted in simply the final 24 hours. The overall provide is now at 485.24 million RLUSD, so the crossing of the symbolic half a billion milestone is actually one “print” away. And momentum is right here from all angles — quantity, integrations and banking help.
Over the previous 24 hours, the buying and selling quantity of the stablecoin rocketed by greater than 8%, reaching $40.71 million. The market cap on the similar time elevated by 3.43%, reaching $485.33 million.
This places RLUSD neck-and-neck with TrueUSD and near getting into the highest 100 belongings total.
💵💵💵💵💵💵💵 16,000,000 #RLUSD minted at RLUSD Treasury.https://t.co/uHpHUNwolD
— Ripple Stablecoin Tracker (@RL_Tracker) July 3, 2025
In the meantime, adoption is ramping up on a world scale for Ripple USD. The Swiss financial institution AMINA simply grew to become the primary regulated establishment to supply RLUSD custody and buying and selling, focusing on institutional purchasers.
In parallel, Ripple partnered with the fee platform OpenPayd to spice up the accessibility of the stablecoin and combine it into extra fee programs.
Ripple USD takes over
Ripple has made it clear that RLUSD is a key a part of its technique to dominate the institutional crypto funds market, past XRP. Since its launch in April, the token has been built-in into RippleNet and obtained approval from the Dubai authorities, serving to push its market cap previous $300 million in June.
With new listings, regional partnerships and Circle including Ripple-based USDC help, the ecosystem is extra interconnected than ever.
At this tempo, reaching the $500 million milestone is just a matter of time — and it may occur inside days if the present inflows maintain going.