Ripple’s RLUSD Stablecoin Gains Momentum with Key Integrations and Listings

Ripple, the San Francisco-based blockchain company, has announced the integration of its RLUSD stablecoin into its cross-border payments platform. The growing adoption of RLUSD is already evident, with major providers like iSend and BKK Forex utilizing the stablecoin for efficient and cost-effective global transfers.

Ripple executive Jack McDonald recently shared that RLUSD has outperformed growth expectations, reflecting the token’s rising prominence in the stablecoin market. According to CoinGecko, RLUSD currently holds a market cap of $243 million. Earlier this week, Ripple minted an additional 50 million RLUSD tokens, signaling strong market demand. The company aims to position RLUSD among the top five stablecoins by the end of 2025.

The momentum continues as Kraken, one of the world’s leading crypto exchanges, has listed RLUSD, expanding its accessibility for traders and institutions. This move aligns with Ripple’s broader strategy to enhance liquidity and utility for its stablecoin across various financial applications.

Industry leaders are taking note. Former Binance CEO Changpeng Zhao (CZ) responded to Ripple’s announcement by acknowledging the healthy competition in the stablecoin sector. However, he pointed out that while stablecoins are gaining popularity, they are still fiat-backed and may increase fiat currency usage rather than replace it. CZ emphasized that widespread adoption of stablecoins will take time, as overall crypto adoption remains below 10%.

With continuous growth, strategic partnerships, and new listings, RLUSD is quickly becoming a significant player in the stablecoin ecosystem, further strengthening Ripple’s position in global payments and blockchain finance.