Ripple’s RLUSD Hits $100M Milestone as Adoption Accelerates Across Payment Networks

Ripple’s dollar-pegged stablecoin, RLUSD, has crossed the $100 million issuance mark this week, fueled by fresh demand from payment providers and growing interest in blockchain-based settlements.

The surge comes after Ripple added RLUSD to its flagship payments solution, making it available to partners like BKK Forex and iSend. A $50 million issuance Tuesday was followed by another $50 million late Wednesday, marking one of the most active periods for the stablecoin since its launch.

Industry analysts see RLUSD as a growing force in the stablecoin market, long dominated by Tether (USDT) and USD Coin (USDC). With Ripple’s established global infrastructure and trusted brand, RLUSD could quickly become a viable alternative, particularly for institutions seeking compliance and stability.

Built on both the XRP Ledger and Ethereum, RLUSD is backed 1:1 by fiat reserves, including U.S. dollars, cash equivalents, and Treasury instruments. The minting and redemption process is streamlined through authorized partners, ensuring liquidity and price stability.

To boost institutional confidence, RLUSD also includes a “clawback” function—enabled by an XRP Ledger amendment in January—that lets issuers recover tokens in special circumstances like fraud or regulatory violations.

As RLUSD finds deeper integration in Ripple’s ecosystem, developers and DeFi protocols on the XRP Ledger are expected to explore new use cases. The stablecoin’s growth could also drive increased activity and utility for XRP itself.

With real-world applications already underway and more integrations expected, RLUSD is gaining momentum as a stable, secure, and scalable alternative in the evolving digital asset space.