RIPPLE USD Stablecoin, RLUSD has gained significant traction in the market as its recently released February certification report highlights growth.
In a tweet, Jack McDonald, SVP of Ripple’s Stablecoins, said that RLUSD’s monthly independent proof is live and that he is moving further ahead to share highlights from recently released reports.
RLUSD has seen a surge in market capitalization that surpasses internal forecasts, reaching more than $170 million, according to Ripple executives. RLUSD also has a new exchange list with Stablecoin, now available on new platforms including LMAX, and the list is expected soon.
RLUSD debuted in December 2024 on multiple exchange and cryptographic platforms, including Uphold, MoonPay, Archax and Coinmena.
RIPPLE Stablecoin use cases are also expanding, with RLUSD integrated into the Defi Luyitidity pool, which NGOs use to streamline charitable contributions.
In the last 24 hours, the RLUSD construction was revived, with 17 million tokens minted by the RLUSD Ministry of Finance.
RLUSD prediction
In his tweet, McDonald repeated his bold predictions about RLUSD, consistent with previous statements by Ripple’s CEO.
$rlusd’s February Monthly Independent Proof is Live 👇
– Market capitalization ($170 million) surpasses internal forecasts.
-RLUSD will be available on new exchanges including @Lmax, but more in the future…
– New use cases continue…– Jack McDonald (@_jackmcdonald_) March 28, 2025
McDonald shared the general expectations of the Ripple team that RLUSD will be one of the top five stub coins by the end of the year, and repeated predictions by Ripple CEO Brad Garlinghouse earlier this month.
In an interview with Bloomberg, shortly after the SEC waived its appeal in the Ripple case, Garlinghouse said he expects RLUSD to be one of the top five stubcoins by the end of the year, and expects the overall stubcoin market to grow dramatically.
