Ripple's institutional stablecoin, RLUSD, ranks among the top globally for short-term growth on decentralized exchanges (DEXs). Over the past seven days, its DEX trading volume increased by $199.4 million, more than double that of its closest competitor, USDG ($97.6 million). RLUSD, regulated by the New York Department of Financial Services (NYDFS) and fully backed by U.S. government bonds, has seen its liquidity inflows directly result from B2B infrastructure deployments. The token has been listed in Uniswap V4 pools, connected to other blockchains via the Squid protocol, and launched on the Swiss platform Arf for instant cross-border settlements by licensed payment companies. Currently, RLUSD has a net market capitalization of $2.401976 billion, ranking eighth among global stablecoins, approaching PayPal's equivalent project ($3.01 billion). Although Ripple's share of the global $289.24 billion stablecoin market is only 1%, within the XRP Ledger (XRPL) ecosystem, RLUSD already accounts for over 92% of stablecoin trading volume.