Ripple’s RLUSD Could Be a Game-Changer in the Trillion-Dollar Stablecoin Race

U.S. Treasury Secretary Scott Bessent has emphasized that stablecoins will be key to maintaining the dollar’s dominance as the world’s reserve currency.

While adoption is already growing, the potential scale of expansion could far exceed expectations, possibly reaching trillions in assets under management.

Crypto lawyer John Deaton linked this outlook to Ripple’s latest developments, referencing CEO Brad Garlinghouse’s projection that the stablecoin market could multiply tenfold within five years.

Deaton believes this estimate may even be conservative, suggesting that regulatory clarity could pave the way for major banks to issue their own stablecoins, transforming the industry.

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Ripple’s RLUSD stablecoin is emerging as a major player in this evolving landscape. Rather than just expanding its product offerings, Ripple appears to be positioning itself strategically in a future where the most influential companies will be those controlling widely adopted digital dollars.

The numbers highlight this shift. The stablecoin market currently sits at $233 billion, but Garlinghouse predicts it could reach $2.8 trillion by 2030. Despite being only three months old, RLUSD has already grown into a $169.71 million asset with daily trading volumes of $22.14 million. As stablecoin adoption accelerates, Ripple’s role in this sector may prove more significant than it appears today.

Deyan Angelov

Active crypto trader who also follows news related to stocks, the S&P 500, and gold. Deyan enjoys staying physically active, trains regularly, and practices calisthenics. He also likes reading sci-fi books when he has the time.