Ripple’s Stablecoin RLUSD Surges — Regulatory Clarity and Global Expansion Drive Growth
1. 47% Growth in June, Led by Ethereum Network Expansion
Ripple’s stablecoin RLUSD has become one of the fastest-growing digital assets in the market. According to DeFillama, RLUSD’s circulating supply grew 47% in June alone, reaching $455 million.
Of this, about $390 million is on the Ethereum network, with $65 million on the XRP Ledger. Token Terminal reports that RLUSD’s supply on Ethereum has grown nearly fourfold since January.
2. Growth Drivers: Regulatory Clarity and Legal Resolution
Analysts attribute RLUSD’s growth to two key factors:
GENIUS Act: Provides regulatory guidelines for dollar-based stablecoins, offering a solid foundation for market expansion
Ripple-SEC Legal Settlement: Ripple CEO Brad Garlinghouse’s announcement to drop cross-appeals signals resolution of a years-long legal battle, restoring investor confidence
3. Global Adoption Expands with Dubai DFSA Approval
Beyond the U.S., RLUSD also secured approval from the Dubai Financial Services Authority (DFSA). This allows registered firms within the Dubai International Financial Centre (DIFC) — a major hub for the Middle East, Africa, and South Asia — to use RLUSD for payments, treasury, and other virtual asset services. With roughly 7,000 registered firms, RLUSD’s potential footprint in the region is significant.
With regulatory clarity, legal resolution, and global licensing momentum, RLUSD is growing at one of the fastest rates in the stablecoin sector. It is poised to become a key pillar in the future stablecoin landscape.
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