- RLUSD market cap reaches $293 million, supported by a growing enterprise user base and integration with Ripple’s core payment system.
- More than $10 billion in RLUSD trading volume signals increasing demand across crypto and traditional financial markets.
- Ripple pilots RLUSD-backed financial aid in Kenya, using blockchain and smart contracts for proactive drought response.
Ripple’s U.S. dollar-backed stablecoin, RLUSD, has reached a market capitalization of $293 million just months after its launch in December 2024. Data from CoinMarketCap confirms this growth, showing a 24-hour trading volume of $36.12 million. The rapid climb marks increased demand and adoption across global markets.
Ripple integrated RLUSD into its Ripple Payments flagship solution during the early part of April 2023. RLUSD achieves greater popularity in enterprise-level payment solutions through integration with Ripple Payments which delivers accelerated and affordable cross-border payment processing. RLUSD became more significant through the strategic integration for operations that spread beyond retail transactions.
Trading Volume Surpasses $10 Billion Since Launch
Since its debut, RLUSD has recorded more than $10 billion in cumulative trading volume. The asset is gaining attention not only as a payment tool but also as collateral in both crypto and traditional finance markets. Its listing on several exchanges has further contributed to its increased liquidity.
RLUSD is currently available on major trading platforms such as LMAX Digital, Bitstamp, Zero Hash, and Bullish. Recently, it secured a listing on Kraken, one of the longest-operating global cryptocurrency exchanges. These listings have widened access for institutional and enterprise-level users.
Blockchain Aid Project in Kenya Uses RLUSD
Ripple has launched a pilot project in Kenya in collaboration with Mercy Corps Ventures and DIVA Donate. The initiative supports drought-affected pastoral communities using RLUSD on Ethereum. Payouts are triggered by satellite data using smart contracts, offering a data-driven approach to financial relief.
Ripple has been actively working with international partners to drive RLUSD availability across key regions. This push for enterprise adoption continues to position RLUSD as a competitive option in the growing stablecoin sector.
