$BTC
70% of Ripple's RLUSD Stablecoin Supply Resides on Ethereum
Ripple’s stablecoin, RLUSD, has made a significant move into the DeFi space—**nearly 70% of its total supply is now issued on Ethereum**, rather than Ripple’s own XRP Ledger.
Key Highlights:
- Total RLUSD supply: 294 million
- **68% (199.6M RLUSD) lives on Ethereum
- **32% (94.4M RLUSD) remains on the XRP Ledger
Why Ethereum?
Ethereum continues to dominate the DeFi ecosystem with robust liquidity, wide adoption, and integration across top dApps like **Uniswap, Aave, and MakerDAO**. By deploying RLUSD on Ethereum, Ripple unlocks immediate utility, trading flexibility, and exposure to a larger audience.
Strategic Vision:
Ripple’s move aligns with its **multi-chain strategy**, aiming to make RLUSD accessible across all major blockchains. This approach enhances liquidity, fosters DeFi participation, and strengthens RLUSD’s credibility among both retail and institutional users.
Looking Forward:
Expect RLUSD to expand beyond Ethereum and XRPL in the future, potentially landing on Solana, Avalanche, and more. With this bold cross-chain push, Ripple is positioning RLUSD as a stablecoin built for the broader crypto economy—not just the XRP community.$ETH