TLDRRipple USD has reached a market capitalization of $1.56 billion with 1.55 billion tokens in circulation.RLUSD is now less than $500 million away from achieving the $2 billion market cap milestone.Ripple minted $40 million worth of RLUSD on Ethereum earlier this week.Daily trading volumes for RLUSD have remained above $43 million, with several sessions exceeding $100 million.RLUSD has maintained its $1 peg despite broader weakness in the crypto market.Ripple’s USD (RLUSD)-backed stablecoin approaches a new supply milestone as market capitalization reaches $1.56 billion. Circulating supply stands at 1.55 billion tokens, according to CoinMarketCap data. The token now sits less than $500 million away from the $2 billion level.Ripple USD Supply Growth Nears $2 Billion MarkRipple USD recorded a $40 million mint on Ethereum earlier this week. The mint increased total supply while daily trading volume stayed above $43 million.Data shows RLUSD has maintained volumes above $100 million on several recent sessions. At the same time, the token has held its $1 peg during broader crypto market weakness.Ripple has expanded RLUSD distribution through regulated financial channels. The company continues to position the stablecoin within traditional finance infrastructure.Deutsche Bank integrated Ripple technology for cross-border payments this week. The integration supports Ripple’s broader push into regulated payment systems.Société Générale also expanded its MiCA-compliant euro stablecoin onto the XRP Ledger. This move connects European regulated assets with Ripple’s blockchain network.Ripple has outlined plans for a Japan rollout with SBI Holdings. Market participants track this expansion as part of RLUSD’s international growth.The company also continues its pursuit of a U.S. National Trust Charter. Regulatory approval would support further institutional adoption of Ripple USD.Institutional Strategy Supports RLUSD ExpansionRipple has spent nearly $3 billion on acquisitions tied to financial infrastructure. Executives describe the strategy as focused on compliance and institutional utility.The company has referred to its approach as “boring is better” in prior statements. This positioning emphasizes oversight and integration over speculative growth.RLUSD differs from XRP because its growth depends on circulating supply. Each new token enters circulation through minting tied to demand.Supply growth reflects usage across payment and settlement channels. Ripple links this expansion to partnerships with regulated financial entities.Recent market conditions have pressured many crypto assets. However, RLUSD has remained stable and preserved its dollar peg.Trading activity has continued even during periods of broader asset declines. Volume data supports consistent liquidity across major exchanges.If current minting trends continue, RLUSD could cross $2 billion by early Q2 2026. The projection follows current supply growth patterns and institutional integrations.The post Ripple USD Stablecoin Nears $2B Market Cap Milestone appeared first on Blockonomi.