RLUSD, Ripple's Stablecoin, Attains $244.2M Market Cap on XRPL and Ethereum in 2025's First Quarter

Ripple's USD-linked stablecoin, RLUSD, concluded the first quarter of 2025 with a total market cap of $244.2 million across the XRP Ledger (XRPL) and Ethereum. On the XRPL alone, it hit a $44.2 million market cap, making it the largest stablecoin on the network.

Despite this achievement, RLUSD's adoption on XRPL remains limited compared to other stablecoins like Tether (USDT) and USD Coin (USDC). However, regulatory compliant tokens such as RLUSD that feature Clawback were recently made compatible with XRPL's automated market maker (AMM), paving the way for more compliant assets on the platform.

Furthermore, Ripple announced the integration of Chainlink Price Feeds on Ethereum to provide RLUSD pricing data and was added to Ripple's cross-border payment platform while Kraken launched trading support.