RLUSD Flexes Hard: XRP Ledger Stablecoin Volume Pumps 91% to $1.77B

The XRP Ledger just had its glow-up moment. Stablecoin transfer volume hit $1.77 billion over 30 days—that's a juicy 91.90% jump from the previous reading. For a chain that's been quietly eating rice while other networks were throwing parties, things are getting spicy. The degens are finally paying attention.

Stablecoin market cap climbed to $432.26 million, up 7.51%, while holder count grew to 56,830, a 7.99% increase. More wallets, more volume, more reasons for XRP maxis to finally touch grass. The ecosystem isn't just breathing—it's doing cardio.

RLUSD, Ripple's dollar-backed stablecoin, is carrying the entire weight of this narrative on its back. It commands roughly 78-85% of the market with a $336.8 million valuation—up 6.93% over 30 days. The token is fully backed 1:1 with U.S. dollars and cash equivalents, with Deloitte handling the audits. Institutions cream their pants over this kind of transparency. Actually, they probably don't, but you get the point—compliance is sexy when you're trying to get listed on big exchanges.

RLUSD launched in December 2024 on both XRPL and Ethereum. By Q2 2025, it hit $500 million in quarterly volume. November 2025 was the real flex—$1 billion market cap, a 1,278% increase since the start of the year. It closed 2025 at around $1.33 billion. Binance listed it in January 2026, first on Ethereum, then XRPL. That's not a pump; that's a rocket with the afterburners already lit.

The XRPL stablecoin squad grew in 2025. XSGD dropped on May 19. EURØP and USDB joined in May. BBRL launched earlier in the year, and $USDC arrived around June 12. The gang's all here. Maybe this whole "interoperability" thing actually works when you stop tweeting about it and start shipping.

Real-world assets on XRPL showed steadier growth. Represented RWA value reached $1.53 billion, up 2.23%, though 30-day transfer volume dipped to $111.78 million, a 25.41% drop. Distributed asset value sits at $410.10 million, down 3.44%. RWA holders now number 25, with 289 assets on the network. Top contributors include RLUSD, Ondo, CRX Digital Assets, Brava Crypto, and Zeconomy—covering U.S. Treasuries, credit products, commodities, and cash instruments. Boring? Maybe. Institutional? Absolutely. That's the whole point.

Stablecoins are clearly winning the narrative on XRPL right now. While the rest of crypto argues about memes and AI agents, Ripple's dollar is out here doing actual work. The receipts don't lie.