• bitcoinBitcoin (BTC) $ 78,684.00
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  • xrpXRP (XRP) $ 1.92
  • bnbBNB (BNB) $ 553.73
  • usd-coinUSDC (USDC) $ 0.999931
  • solanaSolana (SOL) $ 107.64
  • dogecoinDogecoin (DOGE) $ 0.148086
  • tronTRON (TRX) $ 0.226799
  • cardanoCardano (ADA) $ 0.576745
  • staked-etherLido Staked Ether (STETH) $ 1,574.82
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  • the-open-networkToncoin (TON) $ 3.07
  • chainlinkChainlink (LINK) $ 11.43
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  • avalanche-2Avalanche (AVAX) $ 16.47
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  • polkadotPolkadot (DOT) $ 3.60
  • bitcoin-cashBitcoin Cash (BCH) $ 272.32
  • litecoinLitecoin (LTC) $ 70.70
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 0.999800
  • bitget-tokenBitget Token (BGB) $ 4.07
  • wethWETH (WETH) $ 1,580.72
  • pi-networkPi Network (PI) $ 0.586502
  • whitebitWhiteBIT Coin (WBT) $ 27.56
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  • wrapped-eethWrapped eETH (WEETH) $ 1,682.12
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.15
  • okbOKB (OKB) $ 50.39
  • susdssUSDS (SUSDS) $ 1.05
  • pepePepe (PEPE) $ 0.000006
  • aptosAptos (APT) $ 4.38
  • nearNEAR Protocol (NEAR) $ 2.17
  • gatechain-tokenGate (GT) $ 21.05
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 79,343.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.93
  • ondo-financeOndo (ONDO) $ 0.761368
  • mantleMantle (MNT) $ 0.690480
  • crypto-com-chainCronos (CRO) $ 0.082923
  • internet-computerInternet Computer (ICP) $ 4.65
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.16
  • ethereum-classicEthereum Classic (ETC) $ 14.45
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997505
  • aaveAave (AAVE) $ 131.08
  • cosmosCosmos Hub (ATOM) $ 4.40
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • vechainVeChain (VET) $ 0.020241
  • fasttokenFasttoken (FTN) $ 4.05
  • kaspaKaspa (KAS) $ 0.064558
  • bittensorBittensor (TAO) $ 198.26
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 79,215.00
  • ethenaEthena (ENA) $ 0.293678
  • official-trumpOfficial Trump (TRUMP) $ 7.92
  • filecoinFilecoin (FIL) $ 2.38
  • render-tokenRender (RENDER) $ 2.92
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.172320
  • celestiaCelestia (TIA) $ 2.48
  • algorandAlgorand (ALGO) $ 0.167826
  • sonic-3Sonic (prev. FTM) (S) $ 0.442113
  • arbitrumArbitrum (ARB) $ 0.275776
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 79,557.00
  • eosEOS (EOS) $ 0.751601
  • story-2Story (IP) $ 4.25
  • kucoin-sharesKuCoin (KCS) $ 8.49
  • makerMaker (MKR) $ 1,226.61
  • optimismOptimism (OP) $ 0.611552
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.391291
  • jupiter-exchange-solanaJupiter (JUP) $ 0.342007
  • usdt0USDT0 (USDT0) $ 0.998134
  • xdce-crowd-saleXDC Network (XDC) $ 0.062395
  • nexoNEXO (NEXO) $ 0.952502
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,582.02
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,640.44
  • binance-staked-solBinance Staked SOL (BNSOL) $ 111.82
  • dexeDeXe (DEXE) $ 15.42
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999621
  • blockstackStacks (STX) $ 0.542126
  • worldcoin-wldWorldcoin (WLD) $ 0.657129
  • movementMovement (MOVE) $ 0.326511
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.997450
  • bonkBonk (BONK) $ 0.000010
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,782.99
  • usual-usdUsual USD (USD0) $ 0.998235
  • flare-networksFlare (FLR) $ 0.011734
  • tether-goldTether Gold (XAUT) $ 3,032.43
  • the-graphThe Graph (GRT) $ 0.075004
  • theta-tokenTheta Network (THETA) $ 0.713716
  • paypal-usdPayPal USD (PYUSD) $ 0.999199
  • injective-protocolInjective (INJ) $ 7.30
  • sei-networkSei (SEI) $ 0.147771
  • immutable-xImmutable (IMX) $ 0.399451
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 79,310.00
  • wbnbWrapped BNB (WBNB) $ 560.53
  • pax-goldPAX Gold (PAXG) $ 3,042.16
  • lido-daoLido DAO (LDO) $ 0.712753
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 78,951.00
  • tezosTezos (XTZ) $ 0.591476
  • usdx-money-usdxStables Labs USDX (USDX) $ 1.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.462153
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,657.55
  • galaGALA (GALA) $ 0.013654
  • the-sandboxThe Sandbox (SAND) $ 0.242576
  • kaiaKaia (KAIA) $ 0.098627
  • bittorrentBitTorrent (BTT) $ 0.00000057
  • walrus-2Walrus (WAL) $ 0.451132
  • iotaIOTA (IOTA) $ 0.149914
  • bitcoin-svBitcoin SV (BSV) $ 27.36
  • fartcoinFartcoin (FARTCOIN) $ 0.529125
  • flowFlow (FLOW) $ 0.331453
  • honey-3Honey (HONEY) $ 0.999418
  • grassGrass (GRASS) $ 1.84
  • msolMarinade Staked SOL (MSOL) $ 139.21
  • berachain-beraBerachain (BERA) $ 4.57
  • jito-governance-tokenJito (JTO) $ 1.57
  • zcashZcash (ZEC) $ 31.30
  • flokiFLOKI (FLOKI) $ 0.000051
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 1.01
  • beldexBeldex (BDX) $ 0.071262
  • true-usdTrueUSD (TUSD) $ 0.994304
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.67
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,634.16
  • spx6900SPX6900 (SPX) $ 0.518455
  • pendlePendle (PENDLE) $ 2.89
  • raydiumRaydium (RAY) $ 1.61
  • jasmycoinJasmyCoin (JASMY) $ 0.009565
  • kavaKava (KAVA) $ 0.425199
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.998240
  • heliumHelium (HNT) $ 2.59
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999462
  • pumpbtcpumpBTC (PUMPBTC) $ 78,185.00
  • pyth-networkPyth Network (PYTH) $ 0.120542
  • ethereum-name-serviceEthereum Name Service (ENS) $ 13.23
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 117.54
  • dydx-chaindYdX (DYDX) $ 0.555196
  • resolv-usrResolv USR (USR) $ 0.999542
  • coredaoorgCore (CORE) $ 0.422088
  • usdbUSDB (USDB) $ 1.03
  • saros-financeSaros (SAROS) $ 0.153754
  • decentralandDecentraland (MANA) $ 0.215693
  • axie-infinityAxie Infinity (AXS) $ 2.48
  • apenftAPENFT (NFT) $ 0.00000040
  • hashnote-usycHashnote USYC (USYC) $ 1.06
  • ousgOUSG (OUSG) $ 110.58
  • telcoinTelcoin (TEL) $ 0.004502
  • clbtcclBTC (CLBTC) $ 79,814.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 78,788.00
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.149959
  • olympusOlympus (OHM) $ 23.24
  • elrond-erd-2MultiversX (EGLD) $ 13.41
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006752
  • chilizChiliz (CHZ) $ 0.039529
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,659.49
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  • compound-governance-tokenCompound (COMP) $ 40.38
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  • amp-tokenAmp (AMP) $ 0.003315

Ripple News: RLUSD Hits $7.35B Trading Volume in 60 Days with Strong Institutional Demand

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Ripple News: RLUSD Hits $7.35B Trading Volume in 60 Days with Strong Institutional Demand

  • Ripple stablecoin RLUSD surpassed competitor trading volumes while expanding its reach through platforms like Revolut and Zero Hash, and achieving 120 million tokens in circulation.
  • It is gaining traction for on-chain collateralization of tokenized assets and drawing financial institutions’ interest for cross-border settlement and treasury payments.

Ripple’s RLUSD has been making strong inroads in recent times, expanding its footprint in the rapidly growing stablecoin market. As per the January independent attestation provided by the blockchain firm, the stablecoin has attained major progress within the first 60 days of launch.

RLUSD Reports Strong Performance in January

During the last month of January, Ripple’s RLUSD stablecoin registered $7.35 billion in trading volume across the XRP Ledger (XRPL) and Ethereum networks. As a result, it helped surpass the trading volumes of several of its competitors.

Furthermore, the Ripple RLUSD stablecoin expanded its reach and market footprint while expanding on different platforms like Revolut and Zero Hash. As mentioned in our earlier post, Ripple’s stablecoin, RLUSD, has achieved a milestone with 120 million in circulation. Its growing adoption is enhancing XRP liquidity and stability by driving demand for XRPL-based assets, further solidifying its role within the Ripple ecosystem

Furthermore, it seems that Ripple has been strategically expanding its stablecoin reach while keeping its reserves in check. RLUSD remains over-reserved, with $7 million more in reserves than the total supply of approximately $130 million.

Additionally, RLUSD is attracting increasing interest as a tool for on-chain collateralization of tokenized assets, signaling potential new use cases in the evolving digital finance ecosystem.

Reece Merrick, Senior Executive Officer for Ripple in the Middle East and Africa, revealed growing interest from financial institutions in utilizing RLUSD for various applications. In addition to its use in on-chain collateralization for tokenized assets, Merrick noted a surge in exploration of RLUSD’s potential for cross-border settlement and internal treasury payments. This development underscores RLUSD’s expanding role in global financial operations.

Will the Stablecoin Boost XRP’s Future Growth?

Austin King, co-founder of Omni Network ($OMNI), outlined a vision for XRP’s expansion, emphasizing Ripple’s capability to onboard trillions of dollars from traditional finance onto the XRP Ledger. In a detailed thread shared on X on January 31, King projected RLUSD’s potential to exponentially increase XRP’s value, suggesting a 1000X growth trajectory.

King highlighted the growing adoption of RLUSD, which has already been listed on several major exchanges, including Bitstamp ($398 million in RLUSD trades), Independent Reserve, Bitso, and Mercado Bitcoin. These listings are enhancing RLUSD’s accessibility and adoption, further strengthening its role within the XRP ecosystem, as reported earlier.

Ripple’s native cryptocurrency XRP has been already showning strength with US President Donald Trump announcing to build XRP reserve, The announcement has pushed the XRP price up by 35% as of press time moving all the way to $2.92.

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