Ripple’s RLUSD Targets $13 Trillion Corporate Treasury Market
What happened: Ripple’s stablecoin chief Jack McDonald claims the firm’s ~1,200 corporate treasury clients collectively process about $13 trillion in transactions annually.
What happened: Ripple’s stablecoin chief Jack McDonald claims the firm’s ~1,200 corporate treasury clients collectively process about $13 trillion in transactions annually. RLUSD’s circulation has surged to $2.4 billion—up more than 50% in a month—with $1 billion on the XRP Ledger and $1.4 billion on Ethereum. Ripple plans to expand RLUSD to Europe under MiCA, leveraging a dual-issuance structure and existing Luxembourg authorization.
Why it matters: While RLUSD’s market cap remains far below USDT and USDC, Ripple’s focus on regulated, institutional use cases and partnerships with major financial entities could carve out a significant niche. However, the $13 trillion figure refers to aggregate client transaction volumes, not the addressable stablecoin market, and is based on a single executive’s claims rather than independent verification.
Source: CoinDesk, CryptoSlate