Ripple’s RLUSD stablecoin is nearing a $1.6 billion market cap, according to CoinTurk News. The outlet frames the growth as it tracks the stablecoin’s momentum toward that figure.
CoinTurk News also says the U.S. Federal Reserve is looking at “new access” through a policy review that involves XRP-linked stablecoins. The claim is that “direct Fed access” for these stablecoins is under review.
The provided text does not explain what “direct access” would mean in practice, which stablecoin structures would qualify, or what timeline the policy review follows. That matters, because regulatory pathways and eligibility rules can move market structure and risk profiles more than headlines do.
For holders of any stablecoin asset, CoinTurk News’ report mainly flags two things. First, RLUSD is growing in size. Second, it may face more scrutiny as U.S. policy discussions evolve. Both outcomes carry risk, including regulatory uncertainty.
As always with crypto assets tied to policy, treat market-cap milestones as observational data, not safety guarantees. The Fed review could change access terms and compliance expectations at any point.