Ripple’s Multi-Chain Stablecoin Strategy Accelerates RLUSD Adoption

Ripple’s stablecoin RLUSD is gaining strong momentum as new on-chain data reveals its market cap has climbed to roughly $1.1 billion on Ethereum. The rapid rise has sparked fresh discussions among analysts, many of whom say Ripple’s choice to deploy RLUSD across multiple networks is one of its most strategic decisions this year. Crypto analyst Wendy O noted that launching RLUSD on both Ethereum and the XRP Ledger positions it for broader adoption, emphasizing that the crypto industry is clearly shifting toward a multi-chain future. She added that other projects should take note, as interoperability is increasingly becoming essential rather than optional.

Ripple’s recent partnership with Gemini, which enables RLUSD card settlement, further highlights how a multi-chain framework can unlock new real-world payment utilities. Attorney Bill Morgan echoed this sentiment, warning that platforms restricting themselves to a single blockchain risk falling behind. He argued that refusing to embrace cross-chain expansion could leave projects outdated as user demand grows for seamless movement of assets across networks.

RLUSD’s growth is strengthened by its dual presence: Ethereum provides access to deep liquidity and established DeFi ecosystems, while the XRP Ledger offers faster settlement speeds and lower fees. This combination has accelerated RLUSD’s adoption beyond expectations. The stablecoin has also secured approval for use in Abu Dhabi’s global markets, reinforcing rising institutional interest.

Meanwhile, former Ripple CTO David Schwartz has renewed his involvement with the XRP Ledger, building an XRPL hub to monitor network performance. He noted ongoing latency issues affecting validators and suggested that a powerful megahub could greatly improve reliability. The rollout of the new MPT tokenization standard on XRPL is also enhancing the network’s capabilities, supporting real-world asset integration and advancing overall infrastructure.

With RLUSD’s market cap continuing to rise, demand for cross-chain stablecoins is becoming more evident, signaling a broader shift toward interoperability as a defining factor in the next phase of digital asset adoption.