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<p><a href="https://x.com/Ripple" rel="noopener noreferrer nofollow">@Ripple</a>'s <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> stablecoin has reached a new all-time high circulating supply of $1.74 billion, adding another milestone to what has been a rapid ascent since the token's December 2024 launch.</p>
<h2 id="from-launch-to-the-top-10">From Launch to the Top 10</h2>
<p><cite>Launched in December 2024, <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> is pegged 1:1 to the U.S. dollar and backed by cash, cash equivalents, and short-term U.S. Treasuries.</cite><cite>The token is issued by Standard Custody and Trust Company, a wholly owned Ripple subsidiary, under New York Department of Financial Services supervision.</cite> The stablecoin has grown quickly from there. <cite>Officially launched in December 2024, <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> achieved a remarkable 1,278% year-to-date growth in market capitalization, surpassing the $1 billion mark less than a year after launch.</cite></p>
<p><cite>As of May 20, the market capitalization for <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> sat at over $1.65 billion, marking an increase of about 3% over the prior 24 hours.</cite> The latest figures cited by <a href="https://x.com/BSCNews" rel="noopener noreferrer nofollow">@BSCNews</a> push that supply figure to $1.74 billion, a fresh record. The token now ranks as the world's 42nd largest crypto asset and the 8th largest stablecoin globally, sitting ahead of <a href="https://x.com/trondao" rel="noopener noreferrer nofollow">@trondao</a>'s <a href="https://x.com/usddio" rel="noopener noreferrer nofollow">@usddio</a><a href="https://x.com/search?q=%24USDD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$USDD</a> and closing in on <a href="https://x.com/Aster_DEX" rel="noopener noreferrer nofollow">@Aster_DEX</a>'s <a href="https://x.com/search?q=%24ASTER&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$ASTER</a> token by overall market cap.</p>
<h2 id="institutional-demand-drives-growth">Institutional Demand Drives Growth</h2>
<p><cite>Ripple continues positioning <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> as a regulated, enterprise-grade stablecoin focused on payments, liquidity management, and settlement infrastructure, a strategy that aligns closely with institutional demand for compliant digital dollar products.</cite><cite><a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> is natively issued on both the XRP Ledger and Ethereum blockchains and is fully backed by a segregated reserve of cash and cash equivalents, redeemable 1:1 for U.S. dollars.</cite></p>
<p><cite>Ripple confirmed <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> is being used as a settlement asset for BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), via Ripple's partnership with tokenization platform Securitize.</cite> On the exchange side, <cite>the OKX listing put <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> on a top-tier global exchange with over 280 pairs embedded in OKX's Unified Order Book from day one.</cite><cite>Binance listed <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> on Ethereum, with XRP Ledger support added shortly after, and Kraken, Bitstamp, Bybit, and Bitget have all added the token.</cite></p>
<p><cite>The stablecoin also benefits from improving U.S. regulatory sentiment toward crypto infrastructure in 2026, with recent developments surrounding stablecoin legislation strengthening confidence in compliant issuers.</cite> With $2 billion in supply now within reach, the Ripple ecosystem appears to be building toward a stronger position in the broader regulated stablecoin market as the year progresses.</p>
<p><b>Sources:</b><br><a href="https://u.today/ripples-rlusd-hits-new-all-time-high-in-market-cap" rel="noopener noreferrer nofollow">U.Today: Ripple's RLUSD Hits New All-Time High in Market Cap</a><br><a href="https://coinfomania.com/ripples-rlusd-just-hit-a-new-all-time-high-supply/" rel="noopener noreferrer nofollow">Coinfomania: Ripple's RLUSD Just Hit a New All-Time High Supply</a><br><a href="https://ripple.com/solutions/stablecoin/" rel="noopener noreferrer nofollow">Ripple: Official RLUSD Stablecoin Page</a></p>

RLUSD Has Absolutely Soared to a New All-Time High.

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