Ripple's RLUSD Stablecoin: Burning Tokens, Banking Licenses, and the Future of XRP

Ripple's RLUSD stablecoin sees token burns, while XRP eyes potential gains through banking licenses and corporate adoption. Is RLUSD the key to Ripple's future?

Ripple's RLUSD Stablecoin: Burning Tokens, Banking Licenses, and the Future of XRP

Ripple's RLUSD stablecoin is making waves with significant token burns, and XRP is eyeing potential gains through banking licenses and corporate adoption. Let's dive into the latest happenings.

RLUSD Token Burns: Keeping the Peg Tight

Ripple has been actively burning RLUSD tokens, with a recent burn of over 2.71 million tokens on September 9. This follows a series of burns in the past few weeks, totaling almost six million tokens removed from circulation. According to Ripple, these burns are a standard part of the issuance and redemption cycle, ensuring the stablecoin maintains its $1 peg.

Market data shows RLUSD trading at parity with the dollar, boasting a market capitalization of $728 million and a daily volume spike past $84 million. Liquidity is spread across centralized and decentralized venues, including Bullish exchange, Uniswap v3, Curve, Bitstamp, and LMAX Digital.

XRP's Price Potential: Banking Licenses and Corporate Adoption

An XRP community commentator, Pumpius, has outlined two scenarios that could potentially push XRP's price significantly higher. The first involves Ripple obtaining a U.S. national trust banking license. Pumpius estimates that this could process at least $500 billion in yearly settlement flows, potentially driving XRP towards $50.

Ripple applied for this license in July 2025, aiming to operate under federal oversight and handle custody services, stablecoins, and tokenized assets. They also applied for a Federal Reserve master account to hold reserves for RLUSD directly with the Fed. Moves like buying Standard Custody & Trust and partnering with BNY Mellon to safeguard RLUSD reserves further strengthen this position.

The second scenario involves corporate adoption of XRPL. If major corporations like Apple, Amazon, Microsoft, and Tesla moved their treasuries and supplier payments onto XRPL, annual flows could reach $5 trillion, potentially sending XRP's price to $100. While no major multinational has announced such plans, Ripple already works with over 300 financial institutions, and companies like VivoPower and Trident Digital have allocated millions in XRP for treasury or payments.

Ripple's Expansion into Japan with RLUSD

Ripple is also expanding its reach by partnering with SBI Holdings to introduce RLUSD in the Japanese market in the first quarter of 2026. This move further solidifies Ripple's commitment to expanding the reach of their stablecoin.

Stablecoin Earn Plus: High Yields on USDC

Bitget Wallet has partnered with Aave to launch Stablecoin Earn Plus, offering a 10% Annual Percentage Yield (APY) on USD Coin (USDC). This initiative integrates Aave's lending pools with Bitget Wallet's subsidies, providing dollar-backed yield and immediate fund access. New deposits are channeled into Aave's overcollateralized lending pools on the Base network, with Bitget Wallet providing yield subsidies to ensure the minimum APY. The product starts from as little as $1, with earnings accruing over time and instant fund withdrawals.

The Big Picture

Ripple's RLUSD stablecoin is playing a crucial role in the company's broader strategy, from maintaining a stable $1 peg through strategic token burns to potentially revolutionizing cross-border payments and treasury management. The potential for XRP's growth, tied to both regulatory approvals and corporate adoption, adds another layer of intrigue to the Ripple ecosystem. It will be interesting to see if Ripple can overcome regulatory hurdles and attract significant corporate interest to fully realize its vision.

So, keep an eye on Ripple, RLUSD, and XRP! The ride's just getting started, and who knows where it will take us next? One thing's for sure: it's gonna be wild!