RLUSD Is on Track to Hit $2 Billion Market Cap: Why It Could Be the Biggest Risk to XRP

XRP vs. RLUSD: How Ripple's Own Stablecoin Could Hurt XRP's Price

Key PointsRipple's stablecoin RLUSD has surged to a $1.56 billion market cap -- up from $132 million a year ago -- signaling strong adoption but creating a problem for XRP investors.Ripple has pivoted toward stablecoin infrastructure, aggressively pushing RLUSD. RLUSD directly competes with XRP's core use case as a "bridge asset" in cross-border payments.10 stocks we like better than XRP › Ripple's stablecoin, RLUSD, just hit a market capitaliza…

RLUSD Is on Track to Hit $2 Billion Market Cap: Why It Could Be the Biggest Risk to XRP

Quick Read RLUSD has grown to $1.56 billion in 14 months with 515,000 transactions and $3.5 billion in adjusted volume over the last 30 days, while the XRP price has dropped 62% from its $3.65 high to $1.37. Roughly 82% of RLUSD’s supply sits on Ethereum rather than the XRP Ledger, meaning the fees, activity, and composability it generates don’t benefit the XRP token much. XRPL burns just 0.00001 XRP per transaction, and only about 14 million…