Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD

Ripple’s stablecoin division is positioning RLUSD as a tool for corporate treasury management that could tap an estimated $13 trillion opportunity, the company’s head of stablecoins Jack McDonald said. RLUSD is currently a $2.4 billion digital dollar, and Ripple sees large corporate balances as a potential avenue for growth. McDonald pointed to payments and capital markets as the primary use cases accelerating demand for the token. Ripple’s strategy emphasizes embedding RLUSD into existing financial flows where corporates and market participants move liquidity, rather than focusing solely on retail adoption. As part of that expansion, Ripple plans to make RLUSD available in Europe under the bloc’s Markets in Crypto-Assets (MiCA) framework. Moving into the European market under MiCA would align the token with a formal regulatory regime, which Ripple views as important for broader institutional uptake. The company’s comments place RLUSD at the intersection of stablecoin development, corporate treasury innovation, and evolving crypto regulation. Ripple’s approach highlights how firms are pitching stablecoins as tools for large-scale institutional cash management while seeking regulatory clarity to support that use case.