Ripple’s RLUSD Market Cap Crosses $2B, Nearly $1B on XRP Ledger

Ripple USD (RLUSD) surpassed $2 billion in market capitalization last week, less than two years after launch. Nearly $1 billion of the dollar-backed stablecoin is issued on the XRP Ledger, while Ethereum holds a slightly larger supply. The milestone was reported on Aug. 25, highlighting RLUSD's rapid growth across both networks.