Ripple’s Stablecoin RLUSD exceeded $600 million, up 32.3% between June and July.
This was the second most important growth among standard coins with a supply growth rate of over $500 million, delaying only the USDE of Ethena Labs, which increased 63.4% over the same period.
RLUSD has nearly doubled supply as of May 31, then nearly doubled supply on May 31, jumping from $399 million to $455.3 million between May and June, a rise of over 47%. In August alone, it had already grown by 3%.
Additionally, RLUSD exceeded its cumulative transfer volume of $11 billion in 2025. Stabrecoin registered its new monthly highest high in July, registering $3.3 billion in volume at different venues.
Notably, RLUSD has not fallen below $1 billion a month since April, when it first crossed this threshold by recording a volume of $1.8 billion.
Growth occurred in the same month that RIPPLE worked to increase RLUSD’s market share.
First, Ripple CEO Brad Garlinghouse announced that the company is I’m looking for a national bank charter For rlusd. In addition to the Stablecoin registry with the New York Financial Services Administration, this will make RLUSD the first Stablecoin under state and federal surveillance in the United States.
On July 9th, Ripple announced BNY Mellon AS That custodian partner.
After that, the company moved to a Multi-faceted global strategy Expanding RLUSD’s market share. In the US, the formal adoption of the Federal Reserve’s ISO 20022 messaging standard rewarded Ripple’s positioning as the first blockchain-centric company to join the ISO 20022 Standards Body in 2020.
At the same time, RIPPLE is progressing important entries into the European market by creating RLUSD MICA compliance, reportedly pinning its efforts on Luxembourg’s strategic foundation.
However, not everyone is sure that RLUSD’s growth will be organic. Blockchain investigator Zachxbt questioned whether Ripple’s Stablecoin user base was authentic Delete social media posts.
Expressing his concern differentinvestigators said they believe other Stablecoin publishers, such as Circle, Paxos and Tether, are “infinitely more than ripples.”