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RLUSD Circulating Supply Reaches 2.49 Billion Tokens as Market Value Nears $2.5 Billion
RLUSD now has about 2.49 billion tokens in circulation, with a market value near $2.5 billion. That is roughly $490 million more than the $2 billion milestone Ripple announced in August. The XRP Ledger's total stablecoin value is about $1.
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What happened
RLUSD now has about 2.49 billion tokens in circulation, with a market value near $2.5 billion. That is roughly $490 million more than the $2 billion milestone Ripple announced in August. The XRP Ledger's total stablecoin value is about $1.
Confirmed
Global impact / market context
More RLUSD tokens in circulation means more dollar-linked assets available to move and settle on the XRP Ledger. That can support payment and trading activity, which may increase demand for XRP to pay network fees and could draw more stablecoin users to the network.
Analyst inference
The growth shows Ripple's stablecoin is gaining supply while competing dollar tokens dominate elsewhere. A larger RLUSD pool on the XRP Ledger may deepen trading pairs and payment routes, but it also ties the network's activity to Ripple's own token and its reserves.
Analyst inference
What to watch
- RLUSD's circulating supply stands at about 2.49 billion tokens, and its market value is close to $2.5 billion, about $490 million above the August $2 billion milestone. Confirmed
- Watch whether Ripple reports further RLUSD milestones, since additional supply growth would show whether the token keeps expanding after passing the $2 billion mark. Proposed
- Track the total stablecoin value on the XRP Ledger, because a rising share for RLUSD would suggest it is becoming a more important dollar asset for payments and trading there. Analyst inference
Affected assets
- RLUSD — Ripple USD
- XRP — XRP