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Ripple's RLUSD stablecoin market cap jumps $228.8M in a month amid flat stablecoin market

Protocol Fundamentals
09 Nov 2026, 12:25 WIB
Crypto Briefing
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Bullish
Ripple's RLUSD stablecoin market cap jumps $228.8M in a month amid flat stablecoin market

Ripple's stablecoin RLUSD grew its market capitalization by $228.8 million in the past 30 days, reaching about $2.57 billion as of early November 2026. This growth contrasts with a mostly flat stablecoin market and was driven by regulatory approval from the Office of the Comptroller of the Currency, new listings on Coinbase and Robinhood, and strong backing with cash and US Treasuries. RLUSD operates on both Ethereum and Ripple's XRP Ledger, serving DeFi users and Ripple's payment network. While still smaller than major stablecoins, RLUSD's growth signals increasing demand and potential expansion, especially if more supply shifts to the XRP Ledger.

While Ripple's RLUSD stablecoin market cap has grown by $229 million in the last month, Ripple's XRP token on Pluang trades at Rp19.683 with a 6.23% drop over one day as of Nov 09, 2026 17:41 WIB. XRP's market cap on Pluang stands at Rp1.255,5 trillion, showing a contrast between the stablecoin's rising market value and the token's short-term price decline. The typical hold time for XRP on Pluang is 73 days, indicating moderate investor engagement amid this market movement.

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