Ripple's RLUSD Stablecoin Market Cap Tops 2.4 Billion Dollars

Ripple's RLUSD stablecoin market capitalization surpassed 2.4 billion dollars after growing more than 50 percent over the past month, Jack McDonald, Ripple's senior vice president of stablecoins, said on his X account on Thursday, October 1, 2026 (9 Mehr 1405), according to ArzDigital. He said the token's average daily activity has more than tripled since the start of this calendar year. According to the company's independent August attestation report, most circulating tokens sit on Ethereum (about 1.37 billion dollars) and the XRP Ledger (about 1.05 billion dollars), with reserve assets exceeding circulating tokens by more than 120 million dollars.