The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move that highlights the competitive dynamics between blockchain ecosystems, recent data has surfaced regarding the distribution of Ripple's new RLUSD stablecoin. According to reports, the total circulating supply of the dollar-backed RLUSD stands at approximately $1.63 billion. This liquidity is currently split with 53% residing on the Ethereum network ($879 million) compared to 47% ($760 million) on the native XRP Ledger.
This distribution occurs as Ripple attempts to market the XRP Ledger as a premier destination for enterprise-grade financial products, yet the slight preference for Ethereum underscores that network's established DeFi dominance. Per market data, RLUSD enters a crowded field led by Tether (USDT), which maintains a market cap exceeding $112 billion. Industry experts note that while Ripple's cross-chain strategy increases reach, the higher concentration on Ethereum suggests a reliance on external ecosystems for initial adoption.
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Sign InTraders should watch for shifts in liquidity ratios as RLUSD nears broader institutional deployment. Key catalysts include the upcoming U.S. Producer Price Index (PPI) release on June 11, 2026, which could influence dollar-pegged asset volatility. Monitoring whether XRP Ledger can reclaim the majority share of its native stablecoin's liquidity will be a critical indicator of the network's long-term utility and enterprise appeal.