Monthly transfer volume for Ripple USD on the XRP Ledger climbed from $2.2 billion in January to $20.1 billion in October, marking more than 900 percent growth in 2026, according to Token Relations. The stablecoin now represents roughly 91 percent of all stablecoin value on the network.
Analysts caution that transfer volume reflects value moved rather than unique users or new capital. On-chain data shows most individual transactions were small, under one unit, while larger settlements accounted for billions in gross value. The XRP Ledger stablecoin market remains concentrated around a single issuer.
Read the full story on BSC News: Ripple's RLUSD Transfer Volume on XRP Ledger Rises 900% in 2026, Token Relations Data Shows
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