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Ripple USD stablecoin, RLUSD, is closing in fast on a $500 million market cap — just as 16 million new tokens were minted in just the last 24 hours. The total supply is now at 485.24 million RLUSD, so the crossing of the symbolic half a billion milestone is literally one "print" away. And momentum is here from all angles — volume, integrations and banking support.

Over the past 24 hours, the trading volume of the stablecoin rocketed by more than 8%, reaching $40.71 million. Themarket cap at the same time increased by 3.43%, reaching $485.33 million.

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This puts RLUSD neck-and-neck with TrueUSD and close to entering the top 100 assets overall.

💵💵💵💵💵💵💵 16,000,000 #RLUSD minted at RLUSD Treasury.https://t.co/uHpHUNwolD

— Ripple Stablecoin Tracker (@RL_Tracker) July 3, 2025

Meanwhile, adoption is ramping up on a global scale for Ripple USD. The Swiss bank AMINA just became the first regulated institution to offer RLUSD custody and trading, targeting institutional clients.

In parallel, Ripple partnered with the payment platform OpenPayd to boost the accessibility of the stablecoin and integrate it into more payment systems.

Ripple USD takes over

Ripple has made it clear that RLUSD is a key part of its strategy to dominate the institutional crypto payments market, beyondXRP. Since its launch in April, the token has been integrated into RippleNet and received approval from the Dubai government, helping push its market cap past $300 million in June.

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With new listings, regional partnerships and Circle adding Ripple-based USDC support, the ecosystem is more interconnected than ever.

At this pace, reaching the $500 million milestone is only a matter of time — and it could happen within days if the current inflows keep going.