Ripple USD Sees 103% Volume Surge as Bitcoin Hits New All-Time High

Bitcoin’s explosive rally to a new all-time high of $111,880 has reignited crypto market activity, with stablecoins experiencing a notable uptick — especially Ripple USD (RLUSD). According to CoinMarketCap, RLUSD’s 24-hour trading volume soared by 103.47%, reaching $150.49 million. Despite ranking just 15th among USD-pegged stablecoins by market cap, RLUSD’s trading volume now outpaces many larger competitors, trailing only Tether (USDT) and USD Coin (USDC).

RLUSD has managed to maintain its $1 peg, with its market capitalization currently at $310.45 million. While the market cap saw a slight dip, the sharp rise in trading activity brought RLUSD’s volume-to-market cap ratio to 48.27%, signaling heightened demand and liquidity. In total, there are approximately 310.54 million RLUSD tokens in circulation, held by around 2,700 wallets. The token does not have a fixed maximum supply.

The trading volume surge coincided with Bitcoin's price breakout, reflecting broader investor repositioning and increased demand for stablecoin pairs during market volatility. As traders seek safer on-chain assets to hedge gains or facilitate trades, RLUSD’s growing adoption could indicate a rising role within the stablecoin ecosystem.

Ripple’s recent expansion moves — including its $1.25 billion acquisition of Hidden Road and the launch of the first EU-compliant stablecoin on the XRP Ledger — may have also contributed to increased confidence in RLUSD. The token’s performance during this rally suggests it is becoming a go-to option for traders during heightened crypto activity. Whether this momentum continues will depend on broader market dynamics, but RLUSD’s recent spike positions it as a stablecoin to watch.