Ripple’s RLUSD Surges Near $1.3B as Multi-Chain Adoption Booms
The post Ripple’s RLUSD Surges Near $1.3B as Multi-Chain Adoption Booms appeared on BitcoinEthereumNews.com.
RLUSD shows sharp growth over the last 30 days as its market capitalization approaches $1.3 billion. The stablecoin’s expansion gains speed through Ripple’s decision to launch RLUSD on the XRP Ledger and Ethereum, which creates strong demand across both ecosystems. This shift highlights RLUSD’s rising influence in a market where users seek fast settlement, broad liquidity, and reliable dollar-pegged options. Ripple Drives RLUSD Growth Through Multi-Chain Deployment Ripple adopts a dual-network strategy that enables RLUSD to operate across the XRP Ledger and Ethereum. Users gain access to low-cost, high-speed settlement on the XRP Ledger, while Ethereum opens the stablecoin to deep liquidity pools and established DeFi platforms. This structure brings new utility to RLUSD and supports rapid market expansion. Analysts point to Token Terminal data showing RLUSD’s market cap moving beyond the $1.2 billion level as adoption grows. Industry commentators highlight the importance of this multi-chain design, noting how it supports interoperability across the crypto landscape. They argue that scalable architectures now drive stablecoin relevance as networks continue to evolve. Gemini Integration Strengthens RLUSD’s Utility in Payments Ripple’s collaboration with Gemini gives RLUSD a new position in real-world payment systems. Gemini introduces RLUSD card settlements, which expands the stablecoin’s use in retail environments and supports the rise in market capitalization. The integration opens the door for institutions and consumer-facing platforms that seek instant, low-cost dollar settlement options. Source: X Sources familiar with the partnership indicate growing interest from payment providers that want stablecoins that function across multiple blockchain networks. RLUSD’s presence on both chains positions it as a viable option for cross-network settlement flows. Industry Experts Push Multi-Chain Adoption as RLUSD Gains Momentum Market analysts argue that multi-chain stablecoins now set the pace for adoption. Crypto lawyer Bill Morgan warns that single-chain projects face higher long-term risks as users shift…
