Ripple's RLUSD Stablecoin Crosses $1 Billion Supply on Ethereum

Ripple's RLUSD stablecoin has crossed $1 billion in circulating supply on Ethereum, according to DefiLlama data. The milestone positions RLUSD among the fastest-growing regulated USD stablecoins this quarter. Abu Dhabi's Financial Services Regulatory Authority recently recognized RLUSD as an accepted fiat-referenced token for institutional use.