$RLUSD, the popular stablecoin issued by Ripple, the well-known digital payment entity leveraging blockchain technology, is going through increased adoption across the blockchain ecosystem of Ethereum ($ETH). The data from Token Terminal, $RLUSD’s supply is surging almost fourfold since January, 2025.
This significant surge underscores the increased stablecoin demand in decentralized finance (DeFi) networks. The crypto data and analytics firm discussed $RLUSD’s rapid and significant supply increase in a recent X post.
$RLUSD’s Supply Quadruples on Ethereum Since January
As the supply of $RLUSD is touching a fourfold high spot, this rapid advancement points toward spiking demand in the stablecoin sector. In this respect, the DeFi ecosystems express notable requirement for $RLUSD, signifying the continued dominance of Ethereum ($ETH) as an entity for innovation in digital assets.
In line with the market data, $RLUSD has recorded outstanding supply between February and June this year. Particularly, in February, $100M was the value of supply in February. Following that, by April, the respective figure doubled, reaching $200M. Subsequently, by May, it surged above $300M.
Growing Demand for Stablecoins Raises $RLUSD’s Growth on Ethereum
This month $RLUSD’s supply enjoys approximately 4x jump within 5 months. This massive growth discloses a wider trend of climbing stablecoin utility across diverse DeFi protocols, institutional finance, and cross-border payments. $RLUSD, which has a 1:1 peg ratio with the U.S. dollar, provides consumers with a stable exchange medium. It also facilitates value storage, specifically attractive in largely volatile cryptocurrency markets.
The supply surge of $RLUSD could unveil more competition within the stablecoin sector, particularly as regulatory clarity enhances and institutions pursue transparent and compliant alternatives. Therefore, with Ripple’s already established cross-border payments, it may witness an exclusive utility in the real world. Now, while $RLUSD keeps gaining traction, the growth thereof on Ethereum may play the role of a bellwether for the wider ambitions of Ripple in DeFi along with multi-chain interoperability.
