RLUSD Climbs Toward Top 50 as Ripple Expands Stablecoin Ambitions

Ripple’s dollar-backed stablecoin RLUSD is making significant strides in the cryptocurrency market, now boasting a market cap approaching $1.34 billion and positioning itself closer to the elite tier of digital assets by market value.

According to recent statements from company leadership, Ripple is pursuing an aggressive expansion strategy to drive RLUSD adoption beyond its native ecosystem. Executive Reece Merrick highlighted how the company aims to tap into broader market demand and create pathways for sustained expansion of the stablecoin initiative.

While trading volume has experienced a pullback—dropping approximately 37% to settle at $38.63 million—the asset’s market cap trajectory tells a different story. The steady climb toward the top 50 ranking underscores growing institutional and retail interest in Ripple’s stablecoin offering.

The push to move RLUSD into new markets and partnerships represents a key pillar in Ripple’s broader strategy. By extending the stablecoin’s reach beyond its original confines, the company is positioning itself to capture a larger slice of the stablecoin market, which continues to expand as mainstream adoption accelerates.