RLUSD pushes XRPL stablecoin supply to record $1.03 billion in Q3

The XRP Ledger (XRPL), a decentralized blockchain network facilitating tokenized transfers, surpassed $1 billion in stablecoin supply for the first time in the third quarter of 2026, according to Blockworks Research. The total supply of stablecoins on XRPL rose by 25.2% to reach $1.03 billion, while the value of stablecoin transfers climbed 39.5% to $14.09 billion. The rapid expansion was led almost entirely by Ripple USD (RLUSD), which accounted for the vast majority of dollar liquidity on the ledger. RLUSD, a dollar-pegged stablecoin issued by Ripple, increased its supply by 49.7% during the quarter to reach $1.01 billion. This figure represented 98.1% of all stablecoin liquidity on XRPL at the end of the reporting period, underscoring its dominance over other dollar-backed tokens on the network.

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