Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD

Ripple’s RLUSD stablecoin, valued at roughly $2.4 billion, is gaining traction in payments and capital‑market applications. The firm’s chief of the stablecoin division, Jack McDonald, highlighted a potential $13 trillion corporate treasury market that could adopt RLUSD.

Growth drivers

Payments processing and capital‑market activities are the primary sources of recent growth for RLUSD. Institutional participants are increasingly using the digital dollar for cross‑border settlements and liquidity management.

European expansion under MiCA

Ripple is preparing to launch RLUSD in Europe, aligning the stablecoin with the Markets in Crypto‑Assets (MiCA) regulatory framework. Compliance with MiCA is intended to facilitate broader adoption across European corporate treasuries.

Market opportunity

McDonald estimates that corporate treasuries worldwide hold assets exceeding $13 trillion, representing a sizable addressable market for RLUSD if the stablecoin can meet compliance and operational requirements.