Ripple executive highlights $13 trillion corporate treasury opportunity as RLUSD supply hits $2.4 billion

Ripple's Senior VP of Stablecoins, Jack McDonald, stated that corporate treasuries represent a major growth opportunity for the RLUSD stablecoin, with Ripple Treasury clients handling $13 trillion in annual transactions. RLUSD's circulating supply has reached $2.4 billion, with $1 billion on the XRP Ledger and $1.4 billion on Ethereum. Daily active volume for the token has surged to approximately $750 million. Ripple is also working to introduce RLUSD to the European market under MiCA regulations.