Ripple's RLUSD Targets $2B by Q2 2026 as XRP Slides 3.5% to $1.35

Ripple's stablecoin RLUSD is reported to be around a $1.55 billion market capitalization while it is being tested in Singapore through a pilot linked to the country's central bank and financial regulator. The program is framed as a trade-settlement use case, with RLUSD aiming for a $2 billion milestone in Q2 2026. Despite the rollout, XRP fell 3.5% on Thursday to $1.35, with 24-hour trading volume remaining below $2 billion.