Ripple has minted 5 million new RLUSD tokens on the Ethereum network, increasing the stablecoin’s total supply to 77.5 million tokens and pushing its market capitalization to approximately $533 million. This milestone marks RLUSD’s entry into the $500M+ stablecoin market segment.
The stablecoin earned an A rating from Bluechip, the highest possible governance score, enhancing its credibility and adoption potential across digital asset markets. The top-tier designation reflects rigorous compliance and operational standards embedded in RLUSD’s framework.
Reserve management and custodial services for RLUSD are secured through a partnership with BNY Mellon, ensuring regulatory compliance and asset safety. Simultaneously, Ripple endorsed the proposed GENIUS Act, signaling strong alignment with legislative efforts to establish clearer U.S. regulatory frameworks for cryptocurrencies.
Combining substantial growth, institutional-grade reserve backing, and proactive regulatory engagement, RLUSD solidifies its position as a leading stablecoin solution for enterprises and institutional participants.