RLUSD Settlement Volume Exceeds $2.5 Billion on XRP Ledger

Ripple USD (RLUSD), the stablecoin on XRP Ledger, has generated over $2.5 billion in total settlement volume according to research from Evernorth, an independent XRP treasury and research firm. RLUSD/XRP trading volume has approached $900 million, indicating growing activity for the fiat-backed stablecoin alongside the native XRP token. The figures highlight stablecoin settlement as an increasingly significant use case for XRP Ledger infrastructure, as stablecoins represent one of the most active sectors in cryptocurrency for practical daily transactions rather than purely speculative trading.

Evernorth Reports RLUSD Settlement Volume at $2.5 Billion

The $2.5 billion settlement volume figure comes from Evernorth, described in the source material as an independent XRP treasury and research firm. The RLUSD/XRP trading volume figure of approximately $900 million was also attributed to Evernorth's research. The source material emphasizes that these numbers should not be presented as Ripple promoting its own product, but rather as data points from an independent research entity tracking XRP Ledger activity.

RLUSD and XRP Serve Different Roles on XRP Ledger

RLUSD is designed as a fiat-backed stable settlement asset, while XRP remains the native token of the XRP Ledger. The source material states that the two assets can work alongside each other but are not the same thing, with different roles in the ecosystem. RLUSD provides users with a familiar unit of account while relying on blockchain infrastructure for settlement, whereas XRP functions as the native asset for the ledger's core operations.

RLUSD/XRP Trading Volume Reaches $900 Million

The reported $900 million in RLUSD/XRP trading volume points to interaction between the stablecoin and the native asset. The source material notes that this pairing activity may support XRP Ledger's case as a venue for enterprise-style settlement and crypto-native trading. The source emphasizes that sustained stablecoin usage depends on market makers, exchanges, wallets, enterprise partners, and users who need to settle value on-chain, beyond initial adoption enthusiasm.

FAQ

What is the reported RLUSD settlement volume on XRP Ledger?
According to research from Evernorth, RLUSD has generated over $2.5 billion in total XRP Ledger settlement volume, with RLUSD/XRP trading volume approaching $900 million.

How do RLUSD and XRP differ on the XRP Ledger?
RLUSD is a fiat-backed stablecoin designed as a stable settlement asset, while XRP is the native token of the XRP Ledger. The two assets serve different roles in the ecosystem and can work alongside each other.

Who provided the RLUSD volume figures?
The figures are attributed to Evernorth, described as an independent XRP treasury and research firm, not directly from Ripple as a corporate announcement.