Circle's 77% Growth Creates Competitive Gap for Ripple's Stablecoin, RLUSD
Analysis
Price Impact
MedCircle's strong q4 performance and significant growth in usdc circulation indicate a widening competitive gap against ripple's rlusd. this suggests potential challenges for rlusd's adoption and market share, although direct price impact on rlusd is limited due to its smaller market cap and ripple's private status.
Trustworthiness
MedThe report is based on circle's financial statements, which are generally reliable. however, direct financial comparisons with ripple's rlusd are difficult as ripple is privately held and does not publish detailed financial reports. the analysis is based on reported figures and market capitalization data.
Price Direction
NeutralThe news primarily focuses on the growth and financial health of usdc and the comparative market position of rlusd. it doesn't provide direct catalysts for immediate price movement for either cryptocurrency. the focus is on market share and financial performance rather than on-chain transactional demand spikes or immediate buy/sell pressures.
Time Effect
ShortThe financial results are for q4 2025, and the report highlights year-over-year growth. the competitive gap is presented as an ongoing trend, with the immediate impact likely to be felt in market sentiment and adoption rates over the short term rather than causing a dramatic price fluctuation immediately.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Add as a preferred source on Google News Circle Internet Group, Inc., issuer of USDC and a direct competitor to Ripple’s RLUSD, in its latest financial report displayed a 77% year-over-year increase in total revenue and reserve income for Q4, 2025. Advertisement A quick glance at the numbers provided by Circle underscores a growing financial gap in the regulated stablecoin segment. USDC’s market capitalization is about $74.9 billion, compared with RLUSD near $1.56 billion, and this difference in the circulating supply seems to directly determine reserve balances, interest income and operating capacity. Key points from Circle's latest Q4, 2025, report: HOT Stories Morning Crypto Report: Cardano (ADA) Listed on Bitstamp Singapore, Peter Brandt Skeptical of $150K Bitcoin Target, Dogecoin Price Confirms 'Death Cross' on Weekly DOGE Chart Ripple's CTO Emeritus Shuts Down 'Nonsensical' Centralization Accusations Total revenue and reserve income reached $770 million, driven largely by $733 million in reserve income, up 69% from a year earlier. 100% expansion in average USDC circulation, even as the reserve yield declined to 3.8%, down 68 basis points. Revenue-less distribution costs surged 136% to $309 million, with margin expanding to 40%. Net income from continuing operations came in at $133 million, while adjusted EBITDA rose 412% to $167 million. All in all, USDC closed 2025 with $75.3 billion in circulation, up 72% year over year, and recorded $11.9 trillion in on-chain transaction volume in Q4, a 247% increase. Advertisement Quantitative gap in stablecoin dominance for Ripple's RLUSD If we drag Ripple's stablecoin into the comparison, which is ironic considering rumors of Ripple buying Circle, what can be said is that RLUSD operates from a smaller base. With market capitalization around $1.56 billion and daily trading volume near $124 million, its reserve income capacity is lower. Top USD Stablecoin Tokens by Market Capitalization, Source: CoinMarketCap Still, Ripple , which remains privately held, does not publish detailed quarterly financial statements, limiting a direct profitability comparison, so Circle's dominance is rather theoretical. RLUSD benefits from Ripple’s global payments footprint and exchange integrations, but current data show that the competitive gap is primarily quantitative, driven by circulation size, reserve economics and reported earnings power. Advertisement #Circle #RLUSD #Ripple News