RLUSD Skyrockets to Top 3 on Bitstamp, Exec Reveals

3 mins mins

Key Points:

RLUSD ranks among Bitstamp’s top traded stablecoins, showing strong adoption across global user regions.
Bitstamp’s $200M acquisition by Robinhood strengthens RLUSD access via institutional-grade crypto infrastructure.
Ripple’s 14% SWIFT liquidity goal aligns with RLUSD’s rising role in cross-border digital finance.

Leonard Hoh, General Manager at Bitstamp, revealed during the Apex 2025 event that Ripple’s RLUSD stablecoin has rapidly become one of the top three traded stablecoins on the exchange. Hoh made the statement at the XRP Ledger (XRPL) community summit, where he spoke about the increasing adoption of RLUSD within the XRPL ecosystem.

According to Hoh, RLUSD’s momentum is already translating into strong market performance. He said Bitstamp is now “one of the biggest liquidity venues for XRP and for RLUSD today,” and this has driven major activity on the XRPL. His comments were later shared on X by the official RippleXDev account.

Stablecoin market cap has surpassed $250B, and is just getting started.

On the XRPL mainstage at @xrplapex, Leonard Hoh, General Manager, @Bitstamp by @RobinhoodApp shared how RLUSD is unlocking real-world utility for both institutional and retail users on XRPL. pic.twitter.com/snyn50Iw88
— RippleX (@RippleXDev) June 12, 2025

Global Interest and Expanding Reach

Though Bitstamp is based in Europe, Hoh noted that the platform is attracting users from across the globe. Customers from the UK, Asia, North and South America are all participating in RLUSD trading. This widespread participation is contributing to RLUSD’s rising volume and ranking on Bitstamp.

Hoh added that RLUSD’s adoption is still in the early phase on the platform but growing fast. He credited the cross-regional activity and early adoption as strong indicators of its real-world utility for both institutional and retail users on the XRPL.

Stablecoin Market Growth Supports Momentum

The rise of RLUSD comes amid broader expansion in the stablecoin market. Hoh cited data showing that the stablecoin market capitalization has now exceeded $250 billion. This increase is helping support the rapid growth of newer entrants like RLUSD, especially on platforms with high liquidity like Bitstamp.

The growing popularity of RLUSD is also linked to its integration within the XRP Ledger. As more applications and trading pairs become available, both liquidity and use cases for RLUSD continue to expand across the ecosystem.

Robinhood Acquisition Boosts Infrastructure

The strong performance of RLUSD on Bitstamp follows the exchange’s recent acquisition by Robinhood. In June 2025, Robinhood completed a $200 million deal to acquire Bitstamp, gaining over 50 crypto licenses and expanding its global footprint.

The acquisition also gave Robinhood access to Bitstamp’s infrastructure, which includes services for lending, staking, and “crypto as a service.” These tools are now available to institutional players such as fintechs, hedge funds, and investment advisors, potentially increasing exposure to RLUSD and XRPL-based assets.

As Ripple aims to capture 14% of SWIFT’s liquidity, RLUSD’s rise reflects growing cross-border finance engagement.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.