CryptoMediumUpdated•Originally published 5 October 2026•Updated 6 October 2026•
1 min read
Evernorth to List on Nasdaq as XRPN on October 8 Following Merger Approval
Key Facts
1Stablecoin supply on the XRP Ledger grew 14.6% in seven days to reach approximately $1.33 billion.
2Ripple's RLUSD stablecoin accounts for about 93% of all stablecoin liquidity on the XRP Ledger network.
3The total global circulation of RLUSD has surpassed $2.4 billion.
Evernorth is expected to begin trading on the Nasdaq stock exchange under the ticker symbol XRPN on October 8, 2026. The listing follows the formal approval by shareholders of Armada Acquisition Corp. II for the business combination between the two companies.
The move to public markets coincides with significant liquidity growth on the XRP Ledger, where stablecoin supply recently rose 14.6% to approximately $1.33 billion. According to crypto-economy.com, Ripple's RLUSD stablecoin accounts for 93% of that liquidity, with its total global circulation exceeding $2.4 billion.