Can Ripple’s RLUSD eye $2B milestone after OKX expansion?

Ripple’s stablecoin RLUSD has hit a major partnership and expansion milestone with crypto exchange OKX. The two players announced that RLUSD will now be tradable across over 280 pairs. 

Additionally, the stablecoin will be used as margin collateral alongside the ability to make direct transfers from the XRPL Ledger chain.

Commenting on the update, OKX CIO Jason Klau said, 

It’s an exciting one; RLUSD is a good alternative for institutions as their stablecoin of choice. For us (OKX), we want to make sure we support all the best stablecoins that people want.

Star Xu, the CEO and founder of OKX, added that RLUSD will share the unified order book at the exchange, allowing it to tap into its “deep global liquidity.” 

RLUSD eyes $2B milestone

Ripple’s RLUSD debuted in December 2024, meaning it is less than two years old. But it has seen significant growth as the firm pushes for strategic partnerships like the OKX integration. 

In 2026 alone, the stablecoin bagged two crucial collaborations. In February, Binance integrated RLUSD into the exchange for select pairs and margin collateral. Additionally, Binance added support for XRPL Ledger, allowing direct deposits and withdrawals through the Ripple-owned chain. 

In late 2025, BlackRock allowed direct 1:1 swaps for its BUIDL money market fund using RLUSD, further adding utility and adoption for the stablecoin. 

However, the Binance integration seems to have been the most impactful in terms of adoption. According to Artemis data, RLUSD began seeing a consistent surge in transaction volume right after the Binance collaboration. 

In fact, in terms of apps dominating in RLUSD, Binance ranked third, after Ripple and Aave. If OKX integration delivers a similar adoption to Binance, then the stablecoin’s supply will likely increase from here. 

That said, over 76% of RLUSD’s supply ($1.18 billion) was on Ethereum, underscoring its uptake in the DeFi ecosystem too. 

As of writing, the RLUSD market supply was at $1.5 billion and ranked the 13th largest stablecoin in the world. It remains to be seen how fast it can cross the $2B milestone after the OKX integration. 

Final Summary

• Ripple’s RLUSD scored another expansion milestone after OKX rolled out support for over 280 pairs using the stablecoin. 
• The integration could accelerate RLUSD’s market supply to cross the $2B milestone if the Binance exchange collaboration growth pattern repeats.