Ripple’s RLUSD drives XRPL stablecoin supply up 22% to $762M

XRPL stablecoin supply jumped 22% in recent weeks to roughly $762M. Monthly transfer volume surged 123% to $4.71B, pointing to heavier on-ledger usage according to DefiLlama.

Thirty‑day stablecoin market cap crossed $888.5M. The move looks persistent rather than a single event per DefiLlama data.

Coinspeaker reports Ripple’s RLUSD now commands roughly 83–88% of XRPL’s stablecoin liquidity, consolidating the dollar layer on the ledger source.

XRPL’s $762M puts it just behind TON at $802M and ranks #15 by stablecoin supply, per a market update from BSCNews here.

Context: the developments sit on the XRP Ledger (XRPL), with liquidity and volume metrics accelerating in June per DefiLlama.