XRP Ledger Stablecoin Volume Surges to $1,770,000,000

The latest data from the XRP Ledger shows a rise in stablecoin activity, with 30-day transfer volume jumping to $1.77 billion. 

This figure represents an impressive 91% increase from the previous reading and comes alongside a 7.51% in stablecoin market cap on the XRPL, as well as a milder 2.23% rise in represented real-world asset (RWA) value to $1.53 billion.

Key Points

• The XRP Ledger recorded $1.77 billion in stablecoin transfer volume over 30 days, marking a 91.90% increase.
• Other stablecoin metrics also improved, with market cap at $432.26 million (+7.51%) and 56,830 holders (+7.99%).
• RLUSD dominates the market with about 84–85% share and $336.8 million value.
• Several stablecoins, including XSGD, EURØP, and USDC, launched on XRPL in 2025.
• The XRPL has also recorded a 2.23% increase in represented RWA in the past 30 days to $1.53 billion.

Stablecoin Volume Hits $1.7B on XRP Ledger

This is according to the latest data provided by RWA.xyz for the XRP Ledger. Specifically, the network processed $1.77 billion in stablecoin transfers over 30 days, representing a 91.90% increase.

Interestingly, other major figures also moved higher. Specifically, the stablecoin market cap reached $432.26 million, up 7.51%, while the number of users grew to 56,830 holders, a 7.99% increase. 

RLUSD Leads Stablecoin Activity 

Most of this growth comes from RLUSD, the dollar-backed stablecoin issued by Ripple. RLUSD holds about 78% of the market, with a valuation of $336.8 million amid a 6.93% rise over 30 days. This large share shows how central RLUSD has become to activity on XRPL.

RLUSD is fully backed 1:1 with U.S. dollars and cash equivalents, with checks provided by Deloitte. This has helped build trust, especially among institutions that need reliable and transparent settlement tools.

The stablecoin has recorded impressive growth since launching in December 2024 on the XRPL and Ethereum. It reached $500 million in quarterly volume by Q2 2025. 

By November 2025, RLUSD crossed a $1 billion market cap, showing a 1,278% increase since the start of that year, and closed 2025 at about $1.33 billion. In January 2026, it was listed on Binance, first on Ethereum and later on XRPL.

XRPL has also added several other stablecoins, helping build a broader payment system. Notably, XSGD launched on May 19, 2025. Around the same time in May 2025, EURØP and USDB entered the network. BBRL had already launched earlier in 2025, and USDC joined around June 12, 2025.

XRP RWA Data Confirms Broader Growth

While stablecoins are growing fast, real-world assets on XRPL show a more stable trend. Further data from RWA.xyz shows $410.10 million in distributed asset value, down 3.44% over 30 days, while represented asset value stands at $1.53 billion, up 2.23%.

The number of RWA holders has reached 25, a 4.17% increase, with a total of 289 assets on the network. However, 30-day transfer volume fell to $111.78 million, a 25.41% drop, confirming that the overall RWA market saw slower movement compared to stablecoins.

Main contributors to RWA value include RLUSD, Ondo, CRX Digital Assets, Braza Crypto, and Zeconomy. These cover assets like U.S. Treasuries, credit products, commodities, and cash-based instruments.