Stablecoins today
RLUSD on the XRP Ledger fell by $77.7M this week (8%). That is 24% below the October 7 peak of $1.25B. Non-dollar coins are 1.39% of XRPL stablecoins; AUDD convert to RLUSD through XRP.
We don’t guess why it moved: supply rises as dollars come in and falls as they are redeemed. RLUSD redemption (burn)The issuer pays out dollars and takes RLUSD back out of circulation. Not the same as XRP fee burning.Read the guide Monthly reserve attestations on Ripple’s site ↗67,727 wallets hold RLUSD on the ledger (counted by Bithomp).
Is RLUSD on the XRP Ledger growing?
RLUSD on the XRP Ledger fell by $77.7M this week (8%). That is 24% below the October 7 peak of $1.25B.
Weekly supply read from the ledger, in dollars. Blue dots mark events
Do non-dollar stablecoins actually convert through XRP?
Non-dollar coins are 1.39% of XRPL stablecoins; AUDD convert to through XRP.
The more non-dollar currencies there are, the more a neutral bridge asset is needed, so we check whether these route through XRP
Is the XRP Ledger’s share of RLUSD growing?
holds 39% of $2.47B , down from 57% 90 days ago.
Ethereum changed +118% over the same period. DefiLlama figures, slightly different from ledger counts
▾Check real tokens (8 official · 5 fake)
Anyone can create a token with the same name; only the issuer address tells you if it is real. The website field can be written by anyone. Official address file (xrp-ledger.toml)A file issuers publish on their own website listing their real issuing addresses.Read the guide
Official issuer addresses
Ripple USD ·
Listed in Ripple's official documentation
First issued August 21, 2024
USDB ·
Listed in the xrp-ledger.toml published by Braza
First issued September 7, 2024
BBRL ·
Listed in the xrp-ledger.toml published by Braza
First issued September 7, 2024
USDC ·
Listed in Circle's official documentation
EURØP ·
Checked by holder distribution and permissioned-DEX orders. No xrp-ledger.toml from the issuer yet
First issued May 9, 2025
AUDD ·
Videos on stablecoins
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Whales don't buy Ripple XRP on exchanges: I verified it myself through filings and ledgers.
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