Ripple’s RLUSD Explodes 47% in June, Becomes Fastest-Growing Major Stablecoin
2025-07-05 17:01:50
Main Idea
Ripple's stablecoin RLUSD experienced significant growth in June 2025, with its supply increasing by 47% to $455 million, driven by Ethereum's liquidity and regulatory clarity.
Key Points
1. RLUSD's supply grew by 47% in June 2025, reaching $455 million, up from just over $300 million the previous week.
2. The majority of RLUSD's supply is on Ethereum, which hosts roughly $390 million of the total, benefiting from Ethereum's familiarity and deep liquidity.
3. Regulatory progress, including the GENIUS Act in the U.S. and approval from the Dubai Financial Services Authority (DFSA), has strengthened RLUSD's market credibility.
4. Ripple's legal clarity, following years in court with the SEC, has contributed to RLUSD's growth and market acceptance.
5. RLUSD's expansion positions it as a new contender in the stablecoin market, competing with dominant players like USDT and USDC.
Description
Ripple’s stablecoin is quickly becoming one of the most important players on the market. RLUSD saw its supply grow by 47% in June, the fastest growth rate of any major stablecoin in the month. Total circulation now stands at $455 million, up from just over $300 million the previous week. Ethereum Is Driving the Surge The bulk of RLUSD’s supply is on Ethereum, which hosts roughly $390 million of the $455 million total. That’s nearly a fourfold increase since January, according to Token Terminal d...
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