In a latest social media publish, enterprise blockchain firm Ripple is celebrating the achievements of its RLUSD stablecoin.
The red-hot token has undergone a full operational rollout following its loud debut in late 2024.
By November 2025, RLUSD surpassed a $1 billion market capitalization. It’s now one of many largest USD-backed stablecoins, trailing behind solely such giants as Tether (USDT), Circle’s USDC, and PayPal’s PYUSD
The token has been listed on a slew of main exchanges whereas BNY Mellon was picked to custody its reserves.
Ripple has additionally moved to extend RLUSD’s utility by partnering with Africa-based exchanges and fintechs of the likes of Yellow Card, VALR, and Chipper Money.
The San Francisco-headquartered firm can be centered on integrating RLUSD into conventional finance workflows. Notable collaborations included pilots with Mastercard and WebBank for fiat settlement on the XRP Ledger.
A not-so-great 12 months for XRP
It has not been a “nice 12 months” for XRP, on condition that the token is buying and selling considerably decrease now than the place it began the 12 months. To date, it’s down 11% on the year-to-date foundation.
The Ripple-affiliated cryptocurrency pulled off a traditional “bull entice” journey in the course of the 12 months. In July, there was an enormous inexperienced candle that culminated with a brand new all-time excessive.
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Nevertheless, the South Korea-driven rally was rapidly bought off. The very subsequent month, XRP recorded a big purple candle that erased virtually all of July’s features.
The pattern for the second half of 2025 has been decisively bearish. For the reason that July peak, XRP has printed a sequence of decrease highs and decrease lows.
The final three main candles (October, November, and the present December candle) are all purple.
The XRP worth remains to be considerably larger than it was in mid-2024. Nevertheless, it’s protected to say that its momentum is gone.