Ripple’s stablecoin RLUSD has achieved a market capitalization nearing $500 million, marking a significant milestone in its adoption trajectory. The growth follows strategic enhancements including global fiat access and institutional custodial support.
A key development enabling RLUSD’s expansion is its integration with Transak, allowing direct cryptocurrency purchases using local fiat currencies across 64 countries. This includes major financial markets such as the United States, United Kingdom, and European Union. Buyers can utilize multiple payment channels including Apple Pay, Google Pay, Visa, Mastercard, SEPA transfers, and wire transfers.
Transak’s extensive interoperability across more than 450 cryptocurrency platforms significantly broadens RLUSD’s accessibility. Planned off-ramp capabilities scheduled for 2025 will allow stablecoin holders to convert RLUSD back to fiat currencies.
Institutional credibility has been strengthened through BNY Mellon’s appointment as primary custodian for RLUSD reserves. This partnership underscores Ripple’s commitment to regulatory compliance and asset security.
Market data from CoinGecko shows RLUSD’s valuation surged by 62%, equating to nearly $200 million growth since June 2025. This expansion reflects increasing market confidence and strategic positioning of Ripple’s stablecoin.