The market value of the Ripple United States dollar-stable currency, RLUSD, has risen to US$ 2,035 million and continues to increase its share in the regulated stable currency market. According to CoinGecko, this size is clearly close to PayPal USD's current market value of approximately $2.87 billion.
More than one day.
Over the past day, RLUSD TREASURY has made several new castings. The individual sizes mentioned in the public data include 4 million, 25 million, 20 million, and 19 million, 14 million and 12 million RLUD.
This continuous increase means that the supply of the currency continues to expand, and also reflects the rising demand for the currency. Since its launch in December 2024, RLUD has become one of the fast-growing dollar-stable currencies.
XRP Legger Supply close to $1 billion
One of the more interesting changes in this round of growth is the acceleration of the expansion of the RLSD on XRP Ledger. According to reports, RLUSD is now close to $1 billion in supply on XRP Ledger.
Previously, Etheum was once the more dominant RLUSD network, and the supply structure is now changing. This means that RLUSD expansion is no longer largely dependent on Ethera, but is also starting to rely more on Ripple’s own ecology for circulation.
Closing the gap with PayPal USD
RLUSD still lags behind USDT, USDC, USDS, Dai, USDe and PayPal USD, but the distance from PayPal USD has narrowed. If the current rate of increase continues, RLUSD may continue to be close to higher rankings.
At present, Tether ' s USDT market value is about $183.0 billion, while Circe ' s USDC is about $73 billion. By contrast, RLUSD is still small but growing more rapidly in the regulated United States dollar.