Ripple USD Market Cap Nears $500 Million

Ripple USD stablecoin, RLUSD, is rapidly approaching a $500 million market cap, bolstered by the minting of 16 million new tokens in the last 24 hours. The current total supply stands at 485.24 million RLUSD, making the crossing of the half-billion milestone a near certainty.

In the past day, trading volume surged by 8%, reaching $40.71 million, which helped increase the market cap by 3.43%, now at $485.33 million. This positions RLUSD closely with TrueUSD, vying for a spot among the top 100 assets.

> 💵💵💵💵💵💵💵 16,000,000 #RLUSD minted at RLUSD Treasury. Link
> — Ripple Stablecoin Tracker (@RL_Tracker) July 3, 2025

Adoption of Ripple USD is gaining traction globally. AMILA, a Swiss bank, recently became the first regulated institution to offer RLUSD custody and trading, aiming at institutional clients. Additionally, Ripple has partnered with OpenPayd to enhance the accessibility and integration of the stablecoin into other payment systems.

Ripple USD’s Expansion

Ripple regards RLUSD as a crucial element in its strategy to lead the institutional crypto payments market beyond XRP. Since its launch in April, RLUSD has been integrated into RippleNet and has received governmental approval from Dubai, pushing its market cap past $300 million in June.

With ongoing listings, regional partnerships, and Circle adding Ripple-based USDC support, the ecosystem is becoming more interconnected.

At this trajectory, the $500 million milestone is imminent, potentially occurring within days if current inflows persist.