XRP Price Prediction as Ripple USD (RLUSD) Hits $2.4 Billion Milestone

Ripple (CRYPTO: XRP) has held steady above the 200-day moving average, helped by the strong fundamentals, including the rising demand from American investors and growing ETF inflows. XRP trades at $1.4147 today, September 5, up by 43% from its lowest point this year.

Ripple USD Growth is Accelerating

Ripple Labs launched RLUSD, its stablecoin in December 2024. After months of steady growth, the token’s performance has accelerated recently. Artemis data shows that the total RLUSD supply has jumped by 51% in the last 30 days, reaching a record high of $2.4 billion. 

This performance makes it one of the fastest-growing players in the stablecoin industry, beating popular names like Tether (CRYPTO: USDT) and USD Coin (CRYPTO: USDC).

More data shows that both the number of RLUSD holders and transaction volumes have continued to grow in recent months. This growth has been driven largely by rising inflows on the XRP Ledger, where RLUSD assets have reached $1.1 billion.

XRP is also reacting to the strong ETF inflows, which are signaling robust demand among American investors. These funds have had inflows in all months other than March when they lost $38 million. They have added $13 million this month so far after adding $159 million in  August this year.