Ripple's RLUSD stablecoin has achieved a market capitalization of $1.56 billion, with 1.55 billion tokens in circulation, moving closer to its $2 billion target. This growth is driven by strategic integrations with major financial institutions, including Deutsche Bank and Société Générale, which have adopted Ripple's payment infrastructure for cross-border services. The stablecoin maintains its one dollar peg, supported by steady trading volumes exceeding $43 million daily. Recent minting activity saw Ripple add $40 million worth of RLUSD on Ethereum, aligning with its utility-driven model. The company has invested nearly $3 billion in acquisitions to enhance its payment and custody infrastructure, positioning RLUSD as a regulated digital liquidity option for institutions. As Ripple continues its expansion in Japan with SBI Holdings and pursues a U.S. National Trust Charter, RLUSD is poised to surpass the $2 billion mark by early Q2 2026, driven by institutional demand and strategic bank partnerships.