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Ripple RLUSD Hits $500M: A New Stablecoin Challenger?

Ripple’s RLUSD stablecoin hits $500M as it eyes U.S. bank license and real-world adoption through BNY Mellon.

Ripple RLUSD Hits $500M: A New Stablecoin Challenger?
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Ripple RLUSD Quietly Gains Momentum — Here’s Why It Matters

Ripple RLUSD– While XRP continues to struggle with rekindling retail hype, Ripple’s stablecoin RLUSD has silently made a major move — crossing $500 million in market cap and entering the top 10 stablecoins by size.

Fully backed 1:1 with the U.S. dollar, this means 500 million RLUSD tokens are now in circulation. While it’s still far behind giants like USDT or USDC, this growth is no accident — it’s a calculated step in Ripple’s long-term strategy.

Ripple RLUSD Hits $500M: A New Stablecoin Challenger?

Ripple Eyes U.S. Bank License for RLUSD

Ripple is taking things to the next level. The company has officially applied for a U.S. bank license, aiming to hold RLUSD reserves directly at the Federal Reserve. The mission? To make RLUSD not just crypto-native, but regulator-friendly from day one.

Backed by this vision, Ripple has also partnered with BNY Mellon, one of the oldest and largest custodial banks in the world, managing over $45 trillion in assets. This move anchors RLUSD within traditional financial infrastructure, giving it institutional-grade credibility.

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Real-World Use Case: Emirates Steps Into Crypto Payments

In a bold step forward, Emirates Airlines has signed a deal with Crypto.com to integrate crypto payments for flight bookings by 2026. While it’s unclear whether RLUSD will be included, the signal is clear — real-world adoption is heating up.

XRP Speculation, RLUSD Stability: Ripple’s Dual Strategy

With RLUSD reaching new highs and gaining institutional support, Ripple appears to be playing a smart dual game — speculation through XRP, stability through RLUSD.

By bridging crypto innovation with regulatory clarity, Ripple isn’t just keeping up — it’s positioning itself at the forefront of the next financial evolution.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

Ripple RLUSD Hits $500M: A New Stablecoin Challenger?

Ripple RLUSD Hits $500M: A New Stablecoin Challenger?
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