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XRP’s RLUSD Stablecoin Shows $10B Daily Volume Despite Market Cap Questions

XRP’s RLUSD Stablecoin Shows $10B Daily Volume Despite Market Cap Questions

Author:
XRP News
Published:
2025-07-15 09:24:33
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

Ripple's USD-pegged stablecoin RLUSD is reportedly processing an impressive $10 billion in daily transaction volume, as disclosed by Managing Director for Middle East and Africa Reece Merrick at Dubai's Fintech Summit. This highlights the increasing institutional adoption of stablecoins for cross-border settlements. However, market data reveals a puzzling discrepancy: despite the massive throughput, RLUSD's market capitalization remains at just $455 million. This raises questions about the sustainability and transparency of the reported volumes. As of July 2025, this development underscores Ripple's growing influence in the stablecoin market, particularly in the Middle East and Africa regions, while also inviting scrutiny from industry observers.

Ripple's RLUSD Claims $10B Daily Volume Amid Market Cap Scrutiny

Ripple's USD-pegged stablecoin RLUSD is processing $10 billion in daily transaction volume, according to Managing Director for Middle East and Africa Reece Merrick. The disclosure at Dubai's Fintech Summit highlights growing institutional adoption of stablecoins for cross-border settlements.

Market data reveals a puzzling discrepancy - while Ripple touts massive throughput, RLUSD's market capitalization stands at just $455 million. This volume-to-cap ratio exceeds typical stablecoin metrics, raising questions about settlement mechanics or potential reporting nuances.

The stablecoin launched in 2023 as Ripple's solution for frictionless international payments. Merrick emphasized its role in circumventing traditional banking inefficiencies, particularly in emerging markets where Ripple maintains strong partnerships.

XRP Price Prediction: Can XRP Hit $4 After XRPL EVM Sidechain Launch?

XRP has seen a modest 1.2% price increase in the past 24 hours, accompanied by an 83% surge in trading volumes, totaling $2.4 billion. The catalyst behind this activity is Ripple's launch of its Ethereum-compatible XRPL EVM Sidechain, now live on mainnet.

The sidechain enables developers to build, port, and deploy EVM dApps using XRP as gas, with a direct bridge to the XRPL. This development, achieved in collaboration with Peersyst and the XRPL community, marks a significant expansion of Ripple's ecosystem. Wormhole integration will soon enhance cross-chain interoperability.

With 1,000 TPS throughput and low fees, the XRPL EVM Sidechain could attract a wave of new projects. As Ripple moves past its SEC legal battles, the sidechain's utility may drive demand for XRP, potentially propelling it toward the $4 threshold.

Ripple's XRP EVM Ledger Goes Live, Sparking Price Speculation

Ripple's XRP Ledger has achieved a significant milestone with the launch of its ethereum Virtual Machine (EVM) sidechain on mainnet. This development enables Ethereum-compatible smart contracts to operate within the XRP ecosystem, potentially accelerating adoption of decentralized applications and cross-chain interoperability.

XRP's price action reflects market anticipation, currently trading between $2.20 and $2.23. Technical analysts observe a critical juncture, with resistance at $2.25 and support established at $2.10. A confirmed breakout could propel the asset toward $2.69, according to momentum indicators showing sustained buying pressure.

The EVM integration marks a strategic expansion of Ripple's capabilities, positioning XRP to compete more directly with smart contract platforms. Market participants are monitoring whether the $2.25 level converts from resistance to support, which WOULD signal sustained bullish momentum.

Ripple Drops Cross-Appeal in SEC Lawsuit as Legal Process Enters Final Stages

Ripple CEO Brad Garlinghouse confirmed the company's decision to drop its cross-appeal against the SEC, signaling a potential conclusion to the long-running legal battle. The SEC is expected to follow suit, though agency officials must still hold a formal vote to dismiss their appeal.

Legal experts dismiss speculation about July 3 and August 15 as significant dates in the case timeline. Former SEC attorney Marc Fagel clarified that the dismissal process requires both parties to file formal paperwork before Judge Analisa Torres' original ruling can take full effect.

The market now faces a waiting game as the procedural conclusion unfolds. While the dismissals could occur within weeks, the exact timeline remains uncertain. This development marks a critical juncture for XRP's regulatory clarity after years of litigation.

XRP Enters Wave 3 of Bullish Momentum as Analyst Predicts New All-Time High

XRP influencer Zach Rector has sparked optimism with a bold prediction: the cryptocurrency is entering its third wave of a major price surge, potentially reaching unprecedented levels. This comes after months of consolidation around the $2 mark, a period where altcoins largely underperformed Bitcoin's rally.

Historical patterns suggest momentum is building. XRP surged 480% from $0.50 in November 2024 to $2.90 by December, followed by a retracement to $2.08. The second wave defied expectations in January, pushing prices to a seven-year high of $3.40—marking its highest monthly close on record.

Market sentiment now hinges on developments in the Ripple vs. SEC case. Ripple CEO Brad Garlinghouse recently hinted at both parties dropping appeals, signaling a possible resolution to the prolonged legal battle. Such clarity could fuel the next leg of XRP's ascent, triggering retail investor FOMO.

XRP Advocate Predicts Unimaginable Wealth for Long-Term Holders

Crypto influencer Coach JV has issued a rallying cry to XRP investors, urging patience and conviction as the digital asset's potential unfolds. The message centers on an anticipated price surge that could redefine retail investors' financial standing.

Current market data reveals a striking concentration of small holders, with over 5 million wallets containing fewer than 500 XRP tokens. This demographic structure amplifies the impact of potential price appreciation, particularly if XRP achieves triple or quadruple-digit valuations.

The commentary underscores a growing narrative within the XRP community - that current price levels may represent a generational buying opportunity. As Coach JV notes, 'Those who maintain their positions may eventually confront wealth beyond their present comprehension.'

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