Ripple Rlusd Crosses 1b Supply In Less Than A Year

RLUSD Hits $1B Supply in Under a Year

@Ripple's $RLUSD stablecoin has officially surpassed $1 billion in total outstanding supply — a milestone reached in less than twelve months since its December 2024 launch. RLUSD has become the fastest-growing regulated stablecoin on record, growing to $1 billion in little more than ten months. For context, while RLUSD's market cap remains small compared to Tether's USDT at $183 billion and Circle's USDC at $76 billion, its rise signals strong early demand.

Live blockchain data shows RLUSD's total value split between Ethereum and the XRP Ledger. Ripple President Monica Long attributes the token's rapid growth to rising institutional demand, expanding payment flows, and recent acquisitions. Those acquisitions include prime broker Hidden Road, now Ripple Prime, acquired for $1.25 billion, and stablecoin payments firm Rail for $200 million.

RLUSD is issued through a limited purpose trust chartered by the New York State Department of Financial Services. Natively issued on XRP Ledger and Ethereum, Ripple USD is fully backed by a segregated reserve of cash and cash equivalents and redeemable 1:1 for US dollars. In July 2025, Ripple selected BNY Mellon for primary custody of RLUSD reserves.

OKX Partnership Deepens Global Liquidity

Ripple and OKX, the blockchain technology and trading company serving more than 120 million people globally, announced a strategic partnership to bring $RLUSD to eligible markets on OKX — significantly expanding global access, liquidity, and trading utility for the enterprise-grade stablecoin.

$RLUSD is now live on OKX for spot trading across 280+ pairs, including the XRP/$RLUSD pair, and can be used as institutional-grade margin collateral for derivatives, including perpetual futures where available. Deposits and withdrawals are enabled via the XRP Ledger, with direct minting and redemption ensuring consistent access to liquidity.

OKX built its Unified Order Book as a single liquidity pool, interface, and price discovery mechanism for every compliant stablecoin pair. Within that system, $RLUSD can be used to trade and collateralize positions across both spot and derivatives markets, enabling more flexible margin management and streamlined capital deployment without moving funds across platforms.

Since launching in December 2024, $RLUSD has surpassed $1.5 billion in market capitalization and is live on leading global exchanges. Most stablecoins have taken years to reach the billion-dollar mark, and RLUSD's quick climb suggests Ripple has been able to leverage its existing customer base and global financial network to accelerate adoption.

Related News
Ripple Latest News and Milestones: A Look at the Key Updates in 2026 – BSCN
INSIGHT: Ripple And $RLUSD Is Transforming Africa – BSCN