Ripple's USD-pegged stablecoin RLUSD closed Q1 2025 with a combined market cap of $244.2 million across XRPL and Ethereum.
RLUSD reached a market cap of $44.2 million on XRPL, making it the largest stablecoin on the network.
The total market cap of Issued Currencies on XRPL surged by 6.5% QoQ to $281.5 million.
Regulatorily compliant tokens like RLUSD are now compatible with XRPL's automated market maker following the AMM Clawback amendment implementation in January.