![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/XRPUSDT_2025-07-08_10-30-08.png?resize=1024%2C454\")
<\/p>\n","protected":false},"excerpt":{"rendered":"Ripple\u2019s dollar-pegged stablecoin, Ripple USD (RLUSD), has spent the past six months quietly becoming one of the fastest-growing assets in the $160 billion stable-value sector, even though almost all of its issuance still sits on a rival network, not the XRP Ledger. That dichotomy\u201495 percent of the $455 million supply now lives on Ethereum\u2014was the starting point for a lively weekend exchange on X between XRP pundit \u201cCrypto Eri\u201d and sceptics who questioned whether Ripple\u2019s plans would ever benefit the XRP Ledger (XRPL) itself.<\/p>\n
\u201cRipple is a long-game player,\u201d Eri wrote. \u201cIts public statements to integrate smart contracts on the mainnet will eventually position RLUSD on XRPL as a more competitive stablecoin, with faster and cheaper settlements than Ethereum.\u201d<\/p>\n
The remark landed just days after Ripple switched on its EVM-compatible sidechain, bringing full Ethereum-style smart-contract functionality to XRPL on 30 June 2025. More than 1,400 contracts were deployed in the first week, according to developer telemetry, and the bridge is already live to 80 other chains through Axelar.<\/p>\n
On-chain data underscore the stakes. RLUSD\u2019s circulating supply rose by 47 percent in June alone to $455 million, the fastest pace among major stablecoins, with roughly $390 million now native to Ethereum after a four-fold expansion since January. Only about $65 million remains on XRPL. That imbalance prompted one user to tell Eri that RLUSD\u2019s utility \u201cimpacts ETH more than XRP.\u201d She conceded the point\u2014\u201ccorrect, for now\u201d\u2014but argued demand would migrate once XRPL\u2019s programmability and liquidity deepen.<\/p>\n
Ripple\u2019s strategy hinges on more than code. On 2 June the company applied to the US Office of the Comptroller of the Currency for a national trust-bank charter. A parallel filing by its subsidiary, Standard Custody & Trust, seeks a Federal Reserve master account so that RLUSD reserves can eventually sit at the central bank rather than a correspondent institution.<\/p>\n
The timing aligns with the pending GENIUS Act, bipartisan legislation that for the first time would impose a single federal regime on payment-stablecoin issuers. While the bill\u2019s $10 billion-asset threshold means RLUSD could remain under New York oversight for now, the application positions Ripple to graduate into federal supervision voluntarily\u2014a move CEO Brad Garlinghouse has called a \u201cnew (and unique!) benchmark for trust in the stablecoin market.\u201d<\/p>\n
Eri underscored the charter angle in her post: \u201cThe national banking license application, aligned with the GENIUS Act, secures a Federal Reserve master account \u2026 enhancing trust, expanding crypto financial and payment services, and removing the patchwork of state licenses, enabling continued scalability at lower cost.\u201d<\/p>\n
If the charter is granted and RLUSD begins to migrate on-demand to XRPL, two flywheels favor the native token, analysts say. First, RLUSD remittances on XRPL would pay transaction fees in XRP, turning every dollar of stablecoin volume into incremental demand for the asset Ripple still holds in large quantities. Second, the EVM sidechain lets decentralized-finance builders tap RLUSD liquidity without leaving XRP\u2019s low-cost consensus layer, potentially reversing the flow of users and liquidity that has so far moved toward Ethereum.<\/p>\n
\u201cThese calculated steps in the $$$$$-dollar stablecoin market give the digital asset XRP enormous potential, but require more time to unfold,\u201d Eri argues.<\/p>\n
For now, RLUSD\u2019s growth is still driven by Ethereum\u2019s DeFi economy, and sceptics like user \u201csammie\u201d insist \u201cit\u2019s always going to be like this.\u201d Eri\u2019s final reply was succinct: \u201cLet\u2019s see. I know we\u2019ll be touching base often!\u201d<\/p>\n
That brevity captures both the promise and the uncertainty ahead. Technical rails are in place; regulatory applications are filed. Whether capital, compliance, and market demand will converge quickly enough to shift billions of RLUSD onto XRPL\u2014and in turn lift XRP\u2019s utility\u2014remains the multi-billion-dollar question.<\/p>\n
At press time, XRP traded at $2.27.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Ripple\u2019s dollar-pegged stablecoin, Ripple USD (RLUSD), has spent the past six months quietly becoming one of the fastest-growing assets in the $160 billion stable-value sector, even though almost all of its issuance still sits on a rival network, not the XRP Ledger. That dichotomy\u201495 percent of the $455 million supply now lives on Ethereum\u2014was the…<\/p>\n","protected":false},"author":1,"featured_media":5808,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[44,1210,40,46,47,987],"class_list":["post-5807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-ripple","tag-rlusd","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-news"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5807"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5808"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}