Ripple stablecoin RLUSD surpasses 500 million USD market capitalization, and the industry is set for a trillion-level explosive rise.

Ripple CEO Brad Garlinghouse recently made a bold prediction: the stablecoin market capitalization will soar from its current $250 billion to $1-2 trillion in the coming years. This prediction comes as Ripple's USD stablecoin (RLUSD) breaks through the $500 million market capitalization mark, demonstrating strong growth momentum.

##Institutional Layout: BNY Mellon as Custodian Ripple announced a strategic partnership with BNY Mellon, the oldest bank in the United States, which will serve as the official custodian for RLUSD. This partnership has three key significances:

1. Regulatory Compliance: RLUSD holds a trust company license issued by the New York State Department of Financial Services (NYDFS) and, in conjunction with BNY Mellon's custody services, ensures 100% dollar reserves.
2. Institutional Payment Network: Leveraging Ripple's existing cross-border payment system, RLUSD can directly serve banks and corporate clients.
3. Market differentiation: Unlike retail-oriented stablecoins, RLUSD focuses on B2B payment scenarios.

##Policy Windfall: The GENIUS Act is About to Launch The industry welcomes significant policy benefits:

• The GENIUS Act was passed by the Senate in June and is expected to be officially legislated this month, granting stablecoins legal tender status.
• Ripple is synchronously applying for a US banking license and a Federal Reserve master account, which will directly connect to the central bank's clearing system if approved. Henrik Andersson, the Chief Investment Officer of Apollo Capital, supports Garlinghouse's prediction, stating: "From fintech companies to social platforms, various institutions are launching their own stablecoins, and this trend has only just begun."

##Three Major Drivers of the Trillion Dollar Market Key factors for stablecoins to reach a trillion scale:

1. Traditional finance entry: Banks, hedge funds, and other institutions accelerate adoption
2. Improved regulatory framework: The United States takes the lead in establishing clear regulations.
3. Business scenario expansion: extending from cross-border payments to areas such as supply chain finance.

##Conclusion With pioneers like Tether validating the business model, along with the institutional operations of newer players like Ripple, stablecoins are reshaping the way global capital flows. Although RLUSD entered the market later, it is expected to secure a significant position in the upcoming trillion-dollar market due to its compliance advantages and existing financial networks.

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