Responsive Button Styling
Altcoins

Ripple’s RLUSD Hits $500M Market Cap with Transak Launch

Key Points:

  • Main event involves RLUSD launch on Transak boosting its market presence.
  • Ripple’s RLUSD hits $500M market cap milestone.
  • Integration on both Ethereum and XRP Ledger enhances liquidity.

Ripple’s stablecoin RLUSD has officially launched on Transak, boosting its market cap to $500 million as of July 2025, reaffirming its position in the crypto market.

Ripple’s RLUSD launch on Transak is significant, increasing institutional adopters and liquidity, reflecting strong market confidence. Growing adoption shows enterprise and DeFi expansion.

Ripple Labs spearheaded the launch of RLUSD on the Transak platform. With Brad Garlinghouse at the helm, the stablecoin achieved significant growth, becoming integral to Ethereum and XRP Ledger. Brad Garlinghouse has consistently guided Ripple, marking this latest expansion a vital milestone. Monica Long and David Schwartz also contributed to RLUSD’s dual integration strategy, bolstering its utility across two major blockchains.

Ripple’s dual-chain strategy sees RLUSD circulating on both Ethereum, with $390 million, and the XRP Ledger. The stablecoin’s backing with fast liquidity has driven significant interest from institutional and DeFi sectors. The GENIUS Act played a role in facilitating increased institutional participation and clear regulatory compliance, further solidifying RLUSD’s reliability. RLUSD remains fully backed by cash and U.S. Treasuries, ensuring trust and stability, verified by monthly reserve attestations.

Monthly reserve attestations are independent, third-party verifications published monthly to confirm that the total supply of RLUSD is fully backed by real-world assets, such as cash and short-term US Treasuries. – source

Ripple’s move into Transak not only increases RLUSD’s liquidity but also benefits related cryptocurrencies like ETH and XRP, which now host RLUSD contracts. The launch follows historical trends observed with other multi-chain stablecoins. By establishing a presence on Ethereum, RLUSD appeals to DeFi participants seeking interoperability and liquidity. This move aligns with Ripple’s regulatory approach under the New York trust license, ensuring compliance and transparency.


Despite the lack of direct leadership quotes on the launch event, Ripple’s communications highlighted the stablecoin’s role in enterprise solutions. Ripple’s monthly reserve attestations provide assurance about the USD backing, confirming the ongoing stability of RLUSD. Proponents view this as a prudent model for stablecoin issuance, fostering enhanced market credibility.

Ripple’s official communications emphasize the stablecoin’s integration into their Ripple Payments system, used for cross-border transactions. With a rising market cap, RLUSD marks a pivotal phase in Ripple’s growth trajectory, amid increased market participation and technology-enabled financial inclusivity.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close