Ripple’s Stablecoin RLUSD ($ 1.00) increased the supply between June and July by 32.3%, more than $ 600 million.
This was the second most significant increase in supply between stablecoins with $ 500 million in supply growth, only lags behind in the USDe of Athena Labs, which increased by 63.4% in the same period.
RLUSD is in a trend of a strand from May, double the supply by 31 July. In August Alon, it had already increased by 3%.
In addition, RLUSD crossed $ 11 billion over the amount of cumulative transfer in 2025. Larger than June.
No, RLUSD has immersed NAVER below $ 1 billion in monthly trading volume since April, when it first crosses for $ 1.8 billion volume of $ 1.8 billion.
Development has happened
First, Riple CEO Brad Garlinghouse was the company Searching for a national banking character For RLUSD. In addition to the Register of Stabelcoin with the New York Department of New York Financial Services, the task is the first Stabelcoin under the state and federal inspection in the US.
On 9 July, Riples told BNY Melon Its custodian partner,
The company is going to one then Multi-tendency global strategy To expand the market share of RLUSD. In the United States, Positioning of Federal Reserve’s ISO 20022 messaging Standard Ripple in 2020 Positioning ISO 20022 Standards Body to join ISO 20022 Messaging Standard Ripple as the first blockchain-focused company to join the ISO 20022 Standards Body.
At the same time, the Ripple is reportedly pursuing an important entry in the European market by making RLUSD asbestos, which anchoring with an attempt with a strategic base in Luxmbrug.
However, not everyone is limited that the glory of RLUSD is organic. Blockchain investigator zachxbt questions Remove its social media post,
Given his concerns DismissalThe investigator stated that he rely on other stablecoin issuers “more infinite more than ripple” like circles, packs and tather “.
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