XRP-Backed RLUSD Stablecoin Hits $1B Market Cap, Joins Global Top 10
Ripple USD (RLUSD), the dollar-pegged stablecoin issued by Ripple, has achieved a significant milestone by surpassing a $1 billion market capitalization. As of November 2025, RLUSD's valuation stands at $1.02 billion, with a circulating supply of 1 billion tokens, maintaining a perfect 1:1 peg to the US dollar. Launched in December 2024, RLUSD's rapid growth highlights its adoption among institutional investors and its integration within the XRP ecosystem. This achievement positions RLUSD among the top 10 dollar-denominated stablecoins globally, reflecting Ripple's expanding influence in the digital asset space. The stablecoin's success underscores the growing demand for reliable, blockchain-based dollar equivalents, particularly those backed by established players like Ripple. With its strong performance, RLUSD is poised to play a pivotal role in cross-border payments and decentralized finance (DeFi) applications leveraging the XRP Ledger.
RLUSD Stablecoin Surpasses $1B Market Cap, Enters Global Top 10
Ripple USD (RLUSD), the dollar-pegged stablecoin issued by Ripple, has crossed the $1 billion market capitalization threshold, securing a position among the top 10 dollar-denominated stablecoins globally. The token's current valuation stands at $1.02 billion, with a circulating supply of 1 billion RLUSD, maintaining a steadfast 1:1 peg to the US dollar.
Launched in December 2024, RLUSD's rapid ascent reflects institutional demand for compliant digital dollar instruments. Its reserves—comprising US dollar deposits, Treasury bonds, and cash equivalents—are audited monthly by independent third parties, reinforcing transparency. The stablecoin operates under the regulatory oversight of Ripple subsidiary Standard Custody & Trust Company, which holds a NYDFS charter.
Designed for cross-border payments, RLUSD augments Ripple's existing infrastructure, offering a regulated alternative in the stablecoin market. Its growth underscores the accelerating institutional adoption of blockchain-based dollar equivalents.
Pundit Challenges Claims XRP Can’t Hit $10 Within a Month
An XRP community pundit has dismissed skepticism about the token's potential to surge to $10 within a month, pointing to historical data from its previous explosive rallies. Despite a 14% weekly decline amid broader market corrections, long-term holders remain bullish on XRP's fundamentals.
Market observers argue that improving conditions could catalyze a rebound, with XRP's loyal base anticipating a return to upward momentum. The debate highlights the divide between short-term traders and conviction-driven investors in crypto markets.
Analyst Warns XRP May Have Peaked Amid Overly Bullish Sentiment
CryptoBull, a prominent market chartist known for bullish XRP stances, now suggests the token's price may have reached its peak. The analyst contends tops FORM when consensus grows excessively optimistic—specifically citing widespread belief that XRP couldn't drop below $10 as a potential contrarian indicator.
This cautionary outlook emerges despite CryptoBull's historical optimism, highlighting how even ardent supporters recognize the risks of euphoric market psychology. The commentary underscores the delicate balance between sustained rallies and overheated expectations in cryptocurrency markets.
Franklin Templeton Removes SEC Clause, Bringing XRP Spot ETF Closer to Approval
Franklin Templeton has taken a significant step toward launching the first XRP Spot ETF by removing the 8(a) clause from its filing. This clause previously allowed the SEC to delay approval at its discretion. The updated S-1 filing could enable the ETF to become automatically effective after a 20-day waiting period, even if the SEC remains inactive due to a government shutdown.
ETF analyst James Seyffart confirmed the update, highlighting Franklin Templeton's intent to accelerate the launch. Approval of an XRP spot ETF could attract substantial institutional inflows, as investors seek exposure beyond Bitcoin and Ethereum. XRP's strong use case in cross-border payments and Ripple's expanding banking network underscore its potential for broader adoption.
Evernorth XRP Holdings Near $1B Following Key Announcements at Ripple Swell 2025
Former Ripple executive Asheesh Birla unveiled Evernorth at the Ripple Swell 2025 event, positioning the venture as a bridge between traditional finance and the decentralized economy. Built on the XRP Ledger, Evernorth aims to streamline institutional exposure to digital assets while adhering to compliance standards.
The platform's $1 billion XRP holdings underscore growing institutional confidence in the ecosystem. Birla emphasized Ripple's collaborative approach with traditional financial institutions, citing regulation and compliance as cornerstones of its success.
Evernorth's digital asset treasury model merges the accessibility of ETFs with blockchain flexibility, offering a structured pathway for institutional adoption.
XRP Tests Key Support Amid Market-Wide Altcoin Pressure
XRP faces a critical test at the $2 support level as bearish momentum builds across altcoin markets. The token trades at $2.31 with 1.73% daily losses, while maintaining its top-five market cap position at $139 billion. Trading volume remains robust at $7.91 billion despite the pullback.
Technical indicators paint a cautious picture, with resistance firming at $2.30 and the Relative Strength Index signaling bearish territory below the 50 median. A decisive break below $2.23 support could trigger further downside, while bulls eye $2.35 as the next upside target.
The Madras High Court's recognition of XRP as legal property adds a fundamental counterpoint to the technical weakness. Market participants now watch whether institutional validation can offset the current selling pressure.
