Ripple's RLUSD stablecoin has reached a supply milestone of over $1.1 billion on the Ethereum blockchain, underscoring the company's multi-chain strategy. This approach, led by CEO Brad Garlinghouse and CTO David Schwartz, aims to enhance tokenization and stablecoin integration across platforms, including Ethereum and the XRP Ledger. The RLUSD stablecoin is utilized for cross-border payments and as collateral within Ripple's network, benefiting from recent regulatory approvals in Singapore and Abu Dhabi. This expansion is expected to boost liquidity and interoperability in digital asset markets, with crypto lawyer Bill Morgan highlighting the importance of a multi-chain strategy for maintaining market relevance.