Ripple’s RLUSD Breaks Into the Top 50 Tokens by Market Cap

Ripple’s U.S. dollar-backed stablecoin, RLUSD, has officially entered the top 50 cryptocurrencies by market capitalization, marking a significant milestone for the company’s expanding digital asset strategy. The development, which places RLUSD among the most valuable crypto assets globally, underscores its growing adoption in the highly competitive stablecoin sector, where liquidity, trust, and regulatory positioning play central roles.

RLUSD Adoption Sponsors Meteoric Rise

CoinMarketCap data shows that RLUSD currently has a market capitalization of $1.52 billion, sponsored by rapidly evolving market mechanics and expanding demand. A recent market report notes that on February 14, the EUROP/RLUSD corridor was the most active on the XRP Ledger, and RLUSD appeared in most of the 477 auto-bridging events, confirming its role as a key bridge for stablecoin liquidity.

Binance also recently integrated RLUSD on both Ethereum and the XRP Ledger, expanding access for traders who want a Ripple-aligned stablecoin alongside USDT and USDC on major trading venues—Coinbase plans to do the same soon. Additionally, as traders and investors wait out the bear market, many opt to store their assets as stablecoins in exchange vaults. This way, they stay liquid in case the market reverses and trading opportunities open up.

This combination of on-chain routing on XRPL and centralized exchange support is driving increases in both RLUSD’s supply and valuation, as the stablecoin is establishing itself as a core settlement asset in the Ripple ecosystem rather than a niche experiment.

The Implications For Ripple, XRPL, and XRP

RLUSD’s growth could strengthen Ripple’s payments stack and make XRP Ledger more attractive for tokenized payments and FX. This could, in turn, indirectly support XRP if it remains the preferred bridge between stablecoins and other assets on XRPL. While that remains to be seen, XRP saw a price uptick this week, with a roughly 10% surge to $1.66 on Sunday. Meanwhile, it currently trades at around $1.45, still up 2% from last week’s price.

For the XRP Ledger, RLUSD’s surging liquidity can enhance on-chain activity, deepen trading pairs, and support lending or yield strategies within the blockchain. Stablecoins also serve as foundational rails for real-world asset tokenization, another booming sector for Ripple, and growing RLUSD adoption could lead to greater traction in that regard.

While RLUSD entering the top 50 signals rapidly growing traction, long-term sustainability will depend on continued liquidity growth and consistent usage across platforms. It still trails the dominant stablecoins, USDT and USDC, in absolute scale. Therefore, its evolution will hinge on adoption, regulatory clarity, and its ability to secure durable liquidity across exchanges and enterprise channels.