Ripple sees a potential $13 trillion opportunity for RLUSD in corporate treasury operations, according to Jack McDonald, the company’s stablecoin chief, as payments and capital markets support growth for the digital dollar. CoinDesk reported that RLUSD has reached $2.4 billion and that Ripple is seeking to expand the stablecoin into Europe under the Markets in Crypto-Assets Regulation, or MiCA. McDonald identified corporate treasury use cases as a major area of opportunity for the stablecoin. The company is also focusing on payments and capital-markets applications as it develops RLUSD’s reach. The European expansion remains linked to the regulatory framework established by MiCA. RLUSD is Ripple’s dollar-denominated digital asset, while XRP is a separate cryptocurrency associated with the company. The comments highlight Ripple’s effort to position RLUSD beyond payments and toward broader institutional financial activity.
