Ripple XRP News: RLUSD Surges With $100M Issued in Two Days!

Ripple’s stablecoin, RLUSD, is seeing a major boost, with over $100 million issued since April 1. This marks one of the largest releases in months, driven by rising demand and growing adoption among payment providers and businesses.

Earlier this week, Ripple issued $50 million worth of RLUSD on Tuesday, followed by another $50 million on Wednesday. This increase in supply comes after Ripple integrated RLUSD into its official payments system, making it more useful for businesses and financial institutions.

Popular payment providers like BKK Forex and iSend have already started using RLUSD for transactions, further pushing its adoption.

RLUSD Challenges the Biggest Stablecoins

Crypto analysts believe RLUSD could become a strong competitor to leading stablecoins like Tether (USDT) and USD Coin (USDC).

Former Binance CEO Changpeng Zhao Changpeng Zhao at Binance Changpeng Zhao, often known as CZ, is a Chinese-Canadian entrepreneur who co-founded Binance, one of the largest cryptocurrency exchanges by trading volume. He was born in 1977 in Jiangsu, China, and later relocated to Canada with his family. CZ studied computer science at McGill University in Montreal. In the early stage of his career, he worked in financial trading technology. He built trading systems for major platforms such as Bloomberg and the Tokyo Stock Exchange, gaining strong experience in high-speed trading infrastructure. Quick Facts: Field Details Full Name Changpeng Zhao Popular Name CZ Birth 1977, Jiangsu, China Nationality Chinese-Canadian Education Computer Science, McGill University Known For Co-founder of Binance Industry Cryptocurrency, Blockchain, Fintech Career Overview: CZ joined the cryptocurrency sector in 2013. During his early years, he worked for Bitcoin websites like Blockchain.com and OKCoin. In 2017, he co-founded Binance. The exchange debuted in July of that year and rapidly became the top cryptocurrency exchange by trading volume. Binance has grown far beyond traditional cryptocurrency trading over the years. The platform currently offers derivatives trading, staking services, and its own blockchain network called BNB Chain. Timeline of Events: 2010 - Worked in financial trading technology, gaining experience in high-frequency trading systems. 2015 - Founded BijieTech, a company focused on crypto-mining software. 2017 - Co-founded Binance and launched the exchange in July. 2021 - Binance expanded globally but withdrew its exchange application in Singapore due to regulatory challenges. 2022 - Binance invested $500 million in Elon Musk’s acquisition of Twitter. 2023 - Binance faced growing regulatory scrutiny across multiple regions. 2024 - Appointed strategic advisor to the Pakistan Crypto Council by the Ministry of Finance. 2025 - Became an advisor to Sadyr Japarov on digital-asset development in Kyrgyzstan. Notable Work & Achievements of Changpeng Zhao: Year Achievement Details 2018 Forbes Crypto Rich List Listed among the richest people in crypto with an estimated net worth of around $1–2 billion 2019 Binance.US Launch Binance expanded to the U.S. with a separate regulated platform 2022 Twitter Acquisition Investment Binance participated in financing Elon Musk’s takeover of Twitter 2024 Pakistan Crypto Council Advisor Helped guide national discussions on crypto regulation 2025 Kyrgyzstan Digital Asset Advisor Advised the Kyrgyz government on blockchain and digital-asset development EntrepreneurInvestorChief Executive Officer commented that while some might see this as a “stablecoin war,” it is actually a sign of healthy competition that will drive more innovation in the market.

How RLUSD Maintains Stability and Security

RLUSD is backed 1:1 by the US dollar and is available on both the XRP Ledger and Ethereum. It is fully backed by dollar deposits, short-term US Treasuries, and cash equivalents, ensuring strong liquidity and stability.

Users can create RLUSD by depositing dollars with trusted partners or redeem their tokens for cash. The system keeps the price stable through market forces:

• If RLUSD drops below $1, traders buy it to redeem at face value, increasing demand.
• If RLUSD rises above $1, more tokens are issued, balancing supply.

For institutional investors, RLUSD also offers extra security. A newly introduced “clawback” feature allows issuers to recover tokens in cases of fraud, illegal activity, or accidental transfers.

RLUSD Expands to Kraken

Since launching in December 2024, RLUSD has gained strong momentum, reaching nearly $250 million in market capitalization and surpassing $10 billion in trading volume.

The stablecoin is already supported by key partners like LMAX Digital, Zero Hash, Bitstamp, and Bullish. Recently, RLUSD became available on Kraken, one of the longest-standing crypto exchanges, further increasing accessibility for retail investors.

XRP Dips after Tariff Announcement

Despite RLUSD’s success, Ripple’s native token, XRP, fell 5% on Wednesday after President Donald Trump announced new tariffs on all international trading partners.

This drop erased XRP’s recent gains following the RLUSD integration news, showing how global economic policies can impact crypto markets. XRP is currently trading at $2.05, down over 2% in the past 24 hours. Analysts suggest that ongoing geopolitical developments could continue to affect XRP’s price in the coming weeks.

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Ripple’s latest push with RLUSD shows ambition, but with markets as unpredictable as ever, staying ahead in the stablecoin race is anything but guaranteed.