According to AICryptoCore, Ripple’s RLUSD stablecoin has surpassed $1.1 billion in supply on the Ethereum blockchain. The milestone highlights Ripple’s multi-chain strategy, which includes deployment on both Ethereum and the XRP Ledger. Ripple’s CEO Brad Garlinghouse and CTO David Schwartz are leading efforts to enhance tokenization and stablecoin integration. Crypto lawyer Bill Morgan praised the multi-chain approach as essential for long-term relevance and competitiveness in the evolving market. RLUSD is being used for cross-border payments and as a collateral tool in Ripple’s network, including the Hidden Road and Rail acquisitions. With regulatory approvals in Singapore and Abu Dhabi, RLUSD is positioned to expand liquidity and interoperability in digital asset markets.
Ripple's RLUSD Supply on Ethereum Surpasses $1.1 Billion
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