Ripple’s RLUSD Surges $1.1B as Multi-Chain Strategy Gains Analyst Support
Ripples stablecoin RLUSD is really taking off after hitting a market capitalisation of $1.1 billion on the Ethereum network...
Quick overview
- Ripples stablecoin RLUSD has reached a market capitalization of $1.1 billion on Ethereum, sparking industry discussions about its multi-chain strategy.
- Analysts believe Ripple's decision to operate on both Ethereum and the XRP Ledger positions them well for future growth in the digital asset space.
- The partnership with Gemini allows RLUSD card-based payments, enhancing its utility as a flexible tool for liquidity and settlement.
- David Schwartz is working on improving the XRP Ledger's infrastructure to support the growing demand for tokenization and address network latency issues.
Ripples stablecoin RLUSD is really taking off after hitting a market capitalisation of $1.1 billion on the Ethereum network. This milestone has sparked a lively debate in the industry. Amongst analysts, the view is that Ripple’s decision to launch on a multi-chain basis – on both Ethereum and the XRP Ledger – might be the company’s smartest move of the year so far.
Wendy O gave her take that Ripple’s commitment to multi-chain is forward-thinking and a sign that they really get where the digital asset space is heading. She pointed out that many big players in the crypto space are still stuck in their own little ecosystems as the market momentum shifts towards interoperable, cross-chain tech.
Ripple’s new partnership with Gemini has also brought practical benefits, enabling RLUSD card-based payments. This take on their multi-chain strategy shows just how serious they are about turning RLUSD into a super flexible, universal tool for liquidity and settlement.
Multi-Chain Adoption Wins Industry-Wide Blessing
Crypto lawyer Bill Morgan is echoing Wendy O., saying he thinks any project that resists the idea of going multi-chain will struggle to stay relevant in the long term. And he reckons future stablecoins – and any tokenized assets – will have to be in a position to operate anywhere if they are to meet the growing demand from users for liquidity.
ICYMI: @Ripple's RLUSD on Ethereum continues its climb, currently at ~$1.1B in market cap. pic.twitter.com/bdXzk8p1yu
— Token Terminal 📊 (@tokenterminal) December 7, 2025
Having RLUSD out on the Ethereum network gives users access to all the deep liquidity and the vast DeFi ecosystem – the biggest one out there. And at the same time, having it on the XRP Ledger means it can settle a lot faster and at a much lower cost. This two-pronged strategy is a big part of why RLUSD is growing so rapidly and why its user base is expanding so quickly.
Ripple is playing its cards close to the chest regarding its next RLUSD roadmap milestone, but the steady rise in market cap is clearly a sign that users are starting to get a lot out of it. There’s also the extra regulatory boost that came with RLUSD getting the green light for use in Abu Dhabi’s global markets.
Key Drivers of Growth
- The fact that RLUSD can tap into Ethereum’s vast liquidity and DeFi ecosystem
- The way it can do lower-cost and higher-speed transactions thanks to the XRP Ledger
- Growing demand for all things cross-chain in the global markets
- New payment integrations like the one they did with Gemini, which now lets users pay with RLUSD using a card
Strength in XRPL Infrastructure as RLUSD keeps on trucking
David Schwartz, the former CTO of Ripple, is back in the thick of things with the XRP Ledger. He’s created an XRPL hub to monitor network activity and address occasional latency issues with the validators.
Schwartz reckons deploying a “megahub” with a bit more oomph could really help speed things up and get the network running more reliably, especially as we head into the next phase of tokenization on the XRP Ledger.
The new MPT tokenization standard on XRPL, which lets RLUSD users bring tangible real-world assets onto the network, is another big strategic play by Ripple. The upgrade to the ledger is like a serious shot in the arm for the whole ecosystem.
Schwartz also points out that certain functions on XRPL just don’t work properly under certain conditions – and that’s what he’s trying to fix, sorting out the bottlenecks with some real-time data and insights.
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