Ripple’s RLUSD Stablecoin Targets $13 Trillion Corporate Treasury Market
What happened: Ripple’s stablecoin division, led by Jack McDonald, is positioning RLUSD as a solution for corporate treasuries, citing an addressable market of $13 trillion in annual transactions acro
What happened: Ripple’s stablecoin division, led by Jack McDonald, is positioning RLUSD as a solution for corporate treasuries, citing an addressable market of $13 trillion in annual transactions across its 1,200 enterprise clients. RLUSD’s circulating supply hit $2.4 billion, split between the XRP Ledger (~$1B) and Ethereum (~$1.4B), with daily on-chain activity averaging $750 million—triple the volume at the start of the year. Ripple is seeking to expand RLUSD’s reach in Europe under MiCA regulations, leveraging its Luxembourg authorization and the 2025 acquisition of GTreasury.
Why it matters: While the $13 trillion figure represents the total market touched by Ripple’s clients—not RLUSD’s current usage—the rapid growth in RLUSD supply and transaction volume signals increasing institutional adoption of stablecoins. Ripple’s dual-issuance, MiCA-compliant approach could set a precedent for regulated stablecoin offerings in Europe, but the distinction between addressable market and actual penetration remains crucial for assessing impact.
Source: CoinDesk, crypto.news