Ripple achieves a record with 50 million RLUSD tablecoins in just one day-a milestone for the Ripple ecosystem!

Von Krypto News Österreich

ripple reaches milestone with RLUSD stable coins on Ethereum

Ripple has made significant progress in the world of the stable coins. In a single day, the company from San Francisco managed to impress 50 million RLUSD tablecoins on the Ethereum blockchain (ETH)-a new record on the market. This represents a significant step in the development of the Ripple ecosystem.

Fast growth in March 2025

A total of 61.3 million RLUSD tokens were generated throughout the month of March 2025, which indicates the quick growth of the offer. The current RLUSD market capitalization is already $ 244 million. Nevertheless, it is an ambitious goal to be able to compete with the large players such as USDC, which has reached a market capitalization of around 60 billion USD, and Tether, which is close to $ 144 billion.

Garlinghouses ambitious destination

ripple CEO Brad Garlinghouse pursues a clear goal: Before the end of this year, RLUSD is to climb into the top 5 of the stable coins. To achieve this, StableCoin would have to achieve a market capitalization of over 3 billion USD. This project is ambitious, but according to Ripple it is quite realistic. For comparison: DAI, currently in fifth place, has a value of around 3.2 billion

Effects on the XRP course

The rapid development of Rlusd shows that Ripple remains continuously innovative. This progress sends a strong signal to investors who believe in the more comprehensive ripple ecosystem. If Ripple succeeds in successfully establishing RLUSD in the cryptom market, especially in the area of ​​defi applications, this could also boost the demand for XRP. In many cases, XRP acts as a fuel for transactions, and increased use of RLUSD could therefore indirectly contribute to a positive development of the XRP course.

Overall, Ripple shows with the start of RLUSD and the intended growth that the company is pursuing ambitious plans to continue to establish itself in the dynamic world of cryptocurrencies.