The post XRP price shows bottoming signs as RLUSD hits key milestone appeared on BitcoinEthereumNews.com.

XRP’s price has retreated for six consecutive weeks, in line with the broader market’s performance. Summary XRP price has retreated and moved into a bear market in the past few months. Ripple USD’s stablecoin supply has jumped to over $1.5 billion for the first time ever. The coin has become oversold and formed a falling wedge chart pattern. Ripple (XRP) token was trading at $1.3915 on Thursday, down by 62% from its all-time high of $3.6590. Technical indicators suggest the coin may be about to rebound as demand for the Ripple USD (RLUSD) stablecoin rises. Ripple USD supply is rising  There are signs that demand for the RLUSD stablecoin is growing, a trend that may accelerate after Binance completes its integration on the XRP Ledger. The integration enabled users to deposit and withdraw the token on the largest crypto exchange in the industry. Data compiled by Artemis shows that the supply of RLUSD in circulation jumped to over $1.5 billion for the first time ever. $1.1 billion of these tokens are in Ethereum, while the rest is in the XRP Ledger. In a statement on Thursday, Jack McDonald, the Senior Vice President at Ripple Labs, hinted that the stablecoin will overtake “traditional dollar, Venmo, PayPal, and others.” He pointed to the rising institutional demand for the coin, especially as the developers gears to launch the Permissioned DEX platform. 🚨BREAKING: Ripple SVP Signals RLUSD Is Built to OVERTAKE Traditional Dollar, PayPal, Venmo — “Stablecoins Are the Ideal Use Case” 🤯🔥 Institutions are NOT moving serious capital overnight or on weekends through consumer apps like PayPal or Venmo. They need to move LARGE… pic.twitter.com/kfTaoaKJcE — Diana (@InvestWithD) February 12, 2026 Artemis data show that RLUSD’s usage continues to grow. It handled over 480,000 transactions in the last 30 days, while the adjusted…

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Filed under: News - @ February 12, 2026 8:27 pm