- RLUSD usage on XRPL grows as European USDT delistings drive adoption.
- RLUSD’s supply hits $120M, with XRPL gaining more traction than Ethereum.
- Increased RLUSD adoption strengthens XRP’s market liquidity and price support.
The use of RLUSD, Ripple’s regulated stablecoin, has picked up on the XRP Ledger with data showing a rise in transaction activity.
This growth aligns with the European delisting of USDT because of MiCA regulations, which could lead to more people using RLUSD in the coming months.
RLUSD Transaction Volume Skyrockets on XRPL
Data from CryptoQuant shows that RLUSD transactions have gone up from November 2023 through February 2025.
The daily transaction count (TxCount) has increased, with a big jump in February 2025, indicating higher demand for the stablecoin. The cumulative transaction count (Cumulative TxCount) also follows this climb, suggesting long-term growth and adoption of RLUSD on the XRPL.
XRPL Becomes Key Hub for RLUSD Activity
Plus, the sudden increase in RLUSD activity in early February shows a surge in transactions and maybe investor interest.
The data further backs up that RLUSD is becoming more and more important stablecoin in the XRPL system after it first got popular on Ethereum.
Related: Federal Reserve Explores Ripple’s RLUSD Stablecoin for FedNow Payment System
RLUSD Supply Hits $120 Million Mark
As of February 2025, RLUSD’s total supply has reached about $120.8 million, a major achievement for the stablecoin. A summary of the supply distribution shows Ethereum as the main network for RLUSD being issued, holding around $83.3 million. However, XRP Ledger’s share has grown to about $37.4 million, with a shift towards XRPL in recent months.
While Ethereum was the first to really use RLUSD, the lower transaction fees on XRPL have helped bring more RLUSD activity to the network.
RLUSD Growth Boosts XRP Market
The increased use of RLUSD on XRPL has had a good effect on XRP’s market dynamics. As the stablecoin gets more popular, it increases liquidity and utilization within the XRPL network, adding support for XRP’s price performance.
Related: XRP Ledger To Vote on Key Amendment: Could RLUSD AMM Pool Boost XRP?
Even with some volatility, where XRP’s price dropped 4.38% to $2.55, the growth of RLUSD highlights the value of Ripple’s blockchain in keeping up stablecoin and crypto liquidity.
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