RLUSD stablecoin now powers 12% of XRP Ledger trading, Evernorth report says

Ripple-backed treasury firm Evernorth reports that RLUSD stablecoin now accounts for 12% of all trading on the XRP Ledger, with over $2.5 billion in total volume since launch. RLUSD supply on XRPL grew from $20M to $800M in 18 months.

• RLUSD went from under 1% of XRP Ledger trading to 12% in under 18 months
• Total trading volume through RLUSD pairs on XRP has surpassed $2.5 billion
• RLUSD/XRP trading pair saw $900 million in volume over the past six months
• RLUSD circulating supply on XRPL grew from $20M to over $800M since end of 2024
• Direct RLUSD payments on XRPL rose from $68M/month to over $5B/month

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Last updated 1 Jul 2026