Ripple's RLUSD is gaining momentum: new emission records and key growth factors
Date: 2025-07-01 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
In June, according to DefiLlama, the total volume of RLUSD increased by 47% and reached $455 million. In just one month, the coin's supply added more than $150 million, indicating growing interest from market participants in this asset.
The majority of RLUSD — about $390 million — is stored on the Ethereum network. Since the beginning of the year, this figure has quadrupled. The remainder of $65 million is stored on Ripple's own blockchain, the XRP Ledger. Such diversification helps the project strengthen its position in the stablecoin market.
Analysts highlight several reasons behind the rapid development of RLUSD. The most significant factor is the adoption of the GENIUS Act in the United States. The new regulation has established clear rules for stablecoins and is expected to become an important support for the growth of the industry. Experts are confident that transparent requirements will reduce legal risks and attract new investors.
An important driver is also the long-running lawsuit between Ripple and the SEC, which is close to the end. Recently, Ripple CEO Brad Garlinghouse announced the withdrawal of the appeal, and analysts believe that the regulator may follow suit. The completion of the multi-year trial will give investors confidence in the future of RLUSD.
It is worth recalling that the launch of RLUSD was approved by the New York Department of Financial Services in December 2024. This stablecoin is fully backed by the US dollar, short-term government bonds, and cash. Today, its market capitalization exceeds $ 455 million.
An additional impetus to the project is the recent receipt of a license from the Dubai Financial Services Authority. Ripple is now allowed to offer RLUSD to companies registered in the Dubai International Financial Centre, an important financial hub for the entire Gulf region. There are over seven thousand companies operating in the DIFC, which opens up great prospects for RLUSD to further expand.
Thus, the combination of clear regulation, resolution of legal disputes and expansion of the geography of work makes RLUSD one of the fastest growing stablecoins in the crypto market. Ripple continues to develop the product and strengthen the trust of market participants in its stablecoin.
