The post Ripple – Here’s RLUSD’s role in stablecoins’ $230 billion growth story appeared on BitcoinEthereumNews.com.

Stablecoin market surged past $230 billion, with RLUSD gaining momentum as a notable contender Regulatory clarity and institutional interest has fueled stablecoin growth too The stablecoin sector is entering a phase of renewed momentum right now, one shaped by both regulatory pushes and a visible uptick in institutional confidence. While established giants like USDT and USDC have maintained their dominance, new entrants are quietly carving out a meaningful space in the market. One such name has begun to turn heads – Ripple’s RLUSD. Against a backdrop of legislative possibilities and a shifting U.S. policy, the broader stablecoin ecosystem is beginning to look like one of crypto’s most resilient growth narratives. Stablecoin market sees renewed capital inflows The total market cap for stablecoins officially surged past $230 billion recently, marking a strong return to growth after a prolonged lull. This represented a 56% year-over-year hike. This hike also followed fresh interest from institutional players reallocating capital towards dollar-pegged assets. Source: X Notably, USDT dominance was strong at over 62%, although there were signs of mild diversification as new players gained traction. The latest uptick reflected a broader risk-on sentiment across digital assets. However, stablecoins’ stability and liquidity make them a favored entry point. The sector saw a $1.8 billion net inflows last week, highlighting demand for reliable crypto-native dollar substitutes amid geopolitical and fiscal uncertainty. Ripple’s RLUSD gains momentum Ripple’s RLUSD stablecoin, launched to compete in the dollar-backed token market, is rapidly finding its footing too. The token’s circulating supply reached $160 million as of mid-March. What stands out is RLUSD’s increasing adoption on the Ethereum mainnet – A strategic move signaling Ripple’s intent to bridge both institutional and DeFi markets. From January to March 2025, RLUSD supply growth has been steady, with noticeable spikes aligned with periods of market volatility.…

---

Filed under: News - @ March 22, 2025 7:21 pm