Ripple’s stablecoin, RLUSD, has crossed a $100 million market capitalization milestone just a month after its launch. Jack McDonald, Ripple’s Senior Vice President of Stablecoins, confirmed the achievement and reaffirmed Ripple’s focus on regulatory compliance, transparency, and financial stability.
Ripple commits to publishing monthly independent attestations to verify RLUSD’s reserves and compliance with regulatory standards. This initiative aims to strengthen trust and credibility as RLUSD expands its presence across global trading platforms.
Over-Reserved Model Ensures Stability
Ripple adopts an over-reserved model for RLUSD, maintaining reserves that exceed its circulating supply. The company backs the stablecoin with equal portions of U.S. dollar deposits, short-term U.S. government securities, and cash-equivalent assets. Ripple currently holds over $6 million more in RLUSD reserves than the outstanding supply, ensuring financial stability and smooth cash transactions.
Related article: Ripple Lawsuit Progresses to Appeals Court: SEC Updates Website
By leveraging low-risk liquid assets, Ripple handles redemption requests efficiently. The over-collateralization model positions RLUSD as a secure and dependable stablecoin for users and institutions.
Integration Across Major Exchanges
Ripple continues integrating RLUSD into major trading platforms. Users can now access RLUSD on Bitstamp Exchange, as well as on Bitso and Bullish Exchange. Ripple President Monica Long stated that the stablecoin will be listed on more exchanges to increase its market reach and availability.
Related article: Ripple’s RLUSD Stablecoin Gains Momentum in 2025 Vision
Despite its rapid growth, RLUSD remains much smaller than competitors like Tether (USDT ($1.00)) and Circle’s USDC ($1.00). As of now, Tether holds a $139.43 billion market cap, while USDC has $53.45 billion, according to CoinMarketCap data. However, Ripple’s focus on regulatory transparency and financial security appeals to institutional markets seeking compliant stablecoin options.
The growth of RLUSD reflects rising demand for regulated, asset-backed stablecoins. Ripple’s emphasis on over-reserving, transparency, and liquidity positions RLUSD as a credible contender in the stablecoin market. As the stablecoin secures more exchange listings and adoption, its role in the broader crypto ecosystem is expected to strengthen further.
The post Ripple’s RLUSD Hits $100 Million Market Cap in Record Time appeared first on FXcrypto News.
