Ripple stablecoin RLUSD, Market cap surpasses 300 million dollars…XRP ecosystem expansion begins in earnest

The stablecoin RLUSD issued by Ripple has achieved a market capitalization surpassing $300 million, increasing its presence in the digital asset market. As of April 29th, RLUSD's market cap was estimated at approximately $316,980,000, with its price pegged at $1 remaining stable.

According to the global cryptocurrency data platform CoinMarketCap, RLUSD currently ranks 12th among all stablecoins. Although the number of holders is still limited, its trading volume exceeds 12% of circulating supply, showing strong activity in liquidity and real transactions.

One of RLUSD's biggest features is the absence of a supply limit. Ripple has designed it to adjust RLUSD issuance according to market demand, allowing flexible supply control and scalability. While maintaining a stable dollar peg, its structure allows for flexible response to market changes, being evaluated as a practical stablecoin among investors.

Ripple considers RLUSD a core in their long-term strategy. The industry is projecting that by 2030, the global stablecoin market will grow to $2.8 trillion and the asset tokenization market to $16 trillion, and Ripple aims to position RLUSD at the center of this trend.

There is particular interest in the possible connection between the XRP Ledger-based decentralized finance (DeFi) ecosystem and RLUSD. As RLUSD usage increases, the demand for XRP itself could rise concurrently, positively impacting the expansion and utility of the entire ecosystem.

Market experts view the breach of the $300 million market cap as significant beyond mere figures. One expert analyzed it as “a signal that Ripple is establishing itself as a global financial infrastructure based on digital assets, beyond traditional remittance solutions.” It will be interesting to see if RLUSD can become a new pillar in global payments and asset management.