CryptoUpdated•Originally published 2 July 2026•Updated 3 July 2026•
2 min read

RLUSD Stablecoin Activity on XRP Ledger Surges 40-Fold

Key Facts

1Ripple's dollar-pegged stablecoin, RLUSD, is migrating to the native XRP Ledger at an accelerated pace, growing 40-fold.

In a move reflecting the accelerating adoption of institutional blockchain solutions, Ripple's dollar-pegged stablecoin, RLUSD, has experienced a massive surge in migration activity to the native XRP Ledger. According to reports, the volume and presence of RLUSD grew 40-fold as the company strengthens its core infrastructure. This robust growth follows Ripple's strategic expansion into institutional credit markets and the integration of advanced financial services into its ecosystem.

Analysts attribute this sudden spike to Ripple's integration of its recently acquired prime broker services into the XRPL infrastructure, facilitating institutional liquidity flows. In comparison to peers, Tether's USDT remains the market leader with a share exceeding 70%, per market data, yet Ripple's move specifically targets the regulated institutional credit sector. Previous industry reports indicate that Ripple aims to capture a portion of the multi-billion dollar stablecoin market by prioritizing regulatory compliance.

Looking ahead, traders are monitoring the impact of this increased activity on XRP Ledger liquidity in the coming period. As regulatory conditions stabilize, attention will turn to key economic catalysts, including the Chinese Manufacturing PMI scheduled for June 30, 2026, which could influence global digital asset sentiment. Investors also continue to watch RLUSD flow levels as a primary indicator of the network's maturity and its ability to attract further financial institutions.

Latest Updates · 1

  1. Notable·

    Update: Regarding price action, XRP is maintaining stability above the $1.00 psychological support level, trading consistently above $1.08. Bulls are currently eyeing a breakout of the $1.10 and $1.12 resistance levels to signal a recovery following last week's sell-off.