Source: CryptoNewsNet
Original Title: Ripple Celebrates RLUSD Ascent: ‘We’ve Gone From 0 to Top 5 USD Stablecoin in Record Time’
Original Link: https://cryptonews.net/news/altcoins/32155002/
Ripple USD (RLUSD) accelerated bullish sentiment as Ripple announced on social media platform X on December 17 that its U.S. dollar stablecoin completed its first year with rapid growth, regulatory traction, and expanding institutional integration across global markets.
Ripple senior vice president of stablecoins Jack McDonald stated:
I’m excited to celebrate the one-year anniversary of RLUSD – we’ve gone from 0 to a top 5 USD stablecoin in record time.
He highlighted scale and demand, noting: “$1B+ milestone: RLUSD officially crossed a $1B market cap in November – one of the fastest climbs in the regulated stablecoin space. Demand for trust is real.”
McDonald also emphasized regulatory positioning, writing: “Compliance first: The OCC conditionally approved Ripple’s national trust bank charter. By pairing federal oversight with our NYDFS license, we’re building the gold-standard for enterprise-grade stablecoins.”
His statement outlined institutional foundations, including BNY serving as reserve custodian and Deloitte providing attestations, alongside RLUSD’s role as a 24/7 liquidity rail for tokenized funds such as Blackrock’s BUIDL and Vaneck’s VBILL through Securitize. He detailed additional integrations involving DBS and Franklin Templeton, enabling repo trades for tokenized money market funds, regulatory recognition in Dubai and Abu Dhabi, and multichain expansion to Optimism, Base, Ink, and Unichain via Wormhole’s NTT standard. McDonald concluded:
It was undeniably the year of the stablecoin, and I can’t wait to see what 2026 has in store.
Ripple amplified the milestone by posting: “Incredible year for RLUSD!” Reece Merrick, Ripple managing director for the Middle East and Africa, added: “It’s been a great year … We’re perfectly positioned to have an incredible 2026.”
Brad Garlinghouse, Ripple chief executive officer, referenced a prior televised forecast, sharing on X: “In March, on BloombergTV, I predicted RLUSD would be a top 5 USD stablecoin by EOY (when many in the industry were still asking if the world needs another stablecoin).” His statement reinforced how regulatory alignment, institutional custody, and tokenized asset connectivity are reshaping competition in the stablecoin market as enterprise adoption continues to expand.
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Ripple Celebrates RLUSD Ascent: 'We've Gone From 0 to Top 5 USD Stablecoin in Record Time'
Source: CryptoNewsNet Original Title: Ripple Celebrates RLUSD Ascent: ‘We’ve Gone From 0 to Top 5 USD Stablecoin in Record Time’ Original Link: https://cryptonews.net/news/altcoins/32155002/ Ripple USD (RLUSD) accelerated bullish sentiment as Ripple announced on social media platform X on December 17 that its U.S. dollar stablecoin completed its first year with rapid growth, regulatory traction, and expanding institutional integration across global markets.
Ripple senior vice president of stablecoins Jack McDonald stated:
He highlighted scale and demand, noting: “$1B+ milestone: RLUSD officially crossed a $1B market cap in November – one of the fastest climbs in the regulated stablecoin space. Demand for trust is real.”
McDonald also emphasized regulatory positioning, writing: “Compliance first: The OCC conditionally approved Ripple’s national trust bank charter. By pairing federal oversight with our NYDFS license, we’re building the gold-standard for enterprise-grade stablecoins.”
His statement outlined institutional foundations, including BNY serving as reserve custodian and Deloitte providing attestations, alongside RLUSD’s role as a 24/7 liquidity rail for tokenized funds such as Blackrock’s BUIDL and Vaneck’s VBILL through Securitize. He detailed additional integrations involving DBS and Franklin Templeton, enabling repo trades for tokenized money market funds, regulatory recognition in Dubai and Abu Dhabi, and multichain expansion to Optimism, Base, Ink, and Unichain via Wormhole’s NTT standard. McDonald concluded:
Ripple amplified the milestone by posting: “Incredible year for RLUSD!” Reece Merrick, Ripple managing director for the Middle East and Africa, added: “It’s been a great year … We’re perfectly positioned to have an incredible 2026.”
Brad Garlinghouse, Ripple chief executive officer, referenced a prior televised forecast, sharing on X: “In March, on BloombergTV, I predicted RLUSD would be a top 5 USD stablecoin by EOY (when many in the industry were still asking if the world needs another stablecoin).” His statement reinforced how regulatory alignment, institutional custody, and tokenized asset connectivity are reshaping competition in the stablecoin market as enterprise adoption continues to expand.