Ripple Ecosystem Expands as RLUSD Hits $1.75B TVL and Solana Integrates XRPL DApp

1 hour ago 1 sources positive

Key takeaways:

  • RLUSD's near-$2B market cap and futures integration may increase XRP's utility in institutional settlement.
  • Anodos joining Solana signals cross-chain DeFi growth, potentially diversifying XRP liquidity.
  • SBI's $15B remittance volume validates XRP's payment use case, strengthening long-term fundamentals.

Ripple’s stablecoin RLUSD has crossed $1.75 billion in market value, according to Ripple’s latest attestation report for April, marking a major milestone as it approaches the $2 billion mark within 18 months of launch. The update was shared by Ripple executive Jack McDonald and comes alongside a fresh wave of minting activity that pushed the total minted RLUSD tokens past 37.7 million, signaling increased demand. Ripple continues to expand institutional use of the stablecoin through partnerships: Copper’s Stablecoin Rewards Program now includes RLUSD, while an integration with EDX Markets and EDXM International via Ripple Prime aims to enable settlement and collateral use in spot and perpetual futures markets. A $25 million RLUSD donation to DonorsChoose and Teach For America has funded over 48,000 classroom projects, highlighting the stablecoin’s real-world footprint.

In a notable cross-ecosystem move, Solana announced that Anodos Finance, a top decentralized finance and payments project from the XRP Ledger ecosystem, is joining its network. The onboarding underscores the trend of multi‑chain development and opens new opportunities for XRPL-built tools to tap into Solana’s high‑speed, low‑fee environment. Solana’s confirmation drew quick reactions from both communities, with many viewing it as a sign of cooperation rather than rivalry.

Meanwhile, SBI Remit reported that its cumulative international transfer volume has surpassed 2.5 trillion yen (over $15 billion), utilizing RippleNet and XRP since 2021. The figure reinforces the practical use of XRP in cross‑border payments, particularly in Asia. RippleX also spotlighted lending use cases for XRP, with Flare co‑founder Hugo Philion explaining how holders can wrap XRP into FXRP on the Flare network for collateral, borrow stablecoins, and reinvest. Vault‑based options on both XRP Ledger and Flare were mentioned as additional tools for putting idle XRP to work.

On the sentiment front, a bold $17 price prediction for XRP circulated on social media, adding to the optimistic tone. While the target is speculative, the combination of RLUSD’s growth, new integrations, real‑world payment milestones, and emerging DeFi strategies paints a picture of steady ecosystem expansion.

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