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Ripple's RLUSD Hits $1.56B in Early 2026 With BlackRock, Deutsche Bank Backing

GateNews

2026-05-26 21:23:19

According to CoinGape's case study, Ripple's RLUSD stablecoin reached $1.56 billion in market capitalization in early 2026 with institutional backers including BlackRock, Deutsche Bank, and LMAX Group. The stablecoin hit $1 billion in market cap within 120 days of its December 2024 launch, the fastest for any regulated stablecoin in crypto history. Stablecoin transfer volume reached $27.6 trillion in 2024, according to State Street Global Advisors, exceeding the combined transaction volumes of Visa and Mastercard.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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