RLUSD Pushes XRPL Settlement Above $2.5B, Overtakes Ethereum in Supply Share

Ripple's RLUSD stablecoin has driven more than $2.5 billion in total settlement volume on the XRP Ledger — according to research from Evernorth, roughly $900 million of that came from the RLUSD/XRP pair, Bitcoinist reports.

More than half of the circulating supply of the stablecoin now sits on XRPL — the first time the network has held a majority share, up from just about 17% back in April 2026. RLUSD's share on Ethereum, by contrast, keeps shrinking, CryptoTimes notes.

The infrastructure is already being used beyond the crypto market itself: Mastercard has launched 24/7 settlement built on RLUSD on XRPL — a concrete case of corporate adoption rather than just growth within the industry, CoinGape reports.

Against that backdrop, U.S. spot XRP ETFs logged their eighth consecutive week of net inflows — $6.55 million on July 2 brought total assets under management to $987.91 million, MEXC News reports. That's a rare combination for an altcoin: measurable real network utility paired with steady institutional demand, not just price speculation.

This article is for informational purposes only and does not constitute investment advice.