Evernorth says XRP drives 92% of RLUSD swaps on XRP Ledger DEX in 2026

Evernorth, a recently launched XRP-focused treasury firm active on Wall Street, has released a report indicating that 92% of RLUSD-related swaps on the XRP Ledger’s native decentralized exchange used XRP during 2026. The company’s data counters claims circulating on social media about XRP’s diminishing presence since the introduction of RLUSD, Ripple ’s US dollar-pegged stablecoin. RLUSD, issued by Ripple Labs, achieved rapid momentum and has reached a market capitalization of $2 billion within just two months of launch. The report clarifies that $1.65 billion represents RLUSD’s swap volume specifically on the XRP Ledger’s order-book DEX, not the total outstanding RLUSD supply across different blockchains.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.