XRP Ledger Stablecoin Supply Hits $1.33 Billion After 14.6% Weekly Surge

The XRP Ledger stablecoin supply jumped 14.6% over seven days to reach $1.33 billion, according to DefiLlama data.

Ripple USD (RLUSD) dominated the network's stablecoin capitalization at about 93%, with its XRPL-based market value reaching $1.24 billion after gaining 16% in the same period.

The increase moved the XRP Ledger closer to Plasma and Avalanche in chain rankings, but it still trailed behind both networks, with Plasma holding approximately $1.36 billion and Avalanche at nearly $1.39 billion in stablecoins.