Ripple’s RLUSD supply nears $2.5B as XRPL stablecoins climb 6%
Ripple’s RLUSD supply is reported at about 2.49 billion tokens, and RLUSD makes up most of the XRP Ledger’s stablecoin value. The ledger’s stablecoin market on XRPL is also described as having increased over the past week and month, while RLUSD remains the dominant token in that total.
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People using the XRP Ledger notice a larger RLUSD presence today, because RLUSD is described as more than 92% of the ledger’s roughly $1.19 billion in stablecoin value. That means the stablecoin mix on XRPL is heavily concentrated in one token right now.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 23 days ago | XRP price rebounds after 8% drop as holder addresses reach 8.15M event | 1 actors in common · 2 news media |