Ripple’s RLUSD stablecoin has reached $2 billion in market value. More than $540 million was minted on the XRP Ledger over the past 30 days. The clear takeaway is that stablecoin growth is accelerating even as XRP itself is under pressure.
XRP price opened this window at $1.50 and finishes at $1.37, down 8.5%. Support is visible at $1.36, with resistance up at $1.55.
The next checkpoint is whether that recent RLUSD minting on the XRP Ledger turns into sustained transaction flow. Ripple has reached the scale milestone, but the stronger signal now is usage, not just issuance, especially with XRP still sitting near support around $1.40 on Wednesday.