Ethereum Still Dominates RLUSD Supply Despite Ripple’s XRPL Push
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About $879 million RLUSD (≈53–54% of total supply) circulates on Ethereum while roughly $760 million (≈46–47%) sits on the XRP Ledger, even though Ripple is positioning RLUSD as XRPL’s main stablecoin. XRPL has steadily gained share from Ethereum — which once hosted nearly 88% of RLUSD — signaling growing XRPL adoption and shifts in cross-chain stablecoin distribution and liquidity.
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- Roughly $879 million RLUSD is circulating on Ethereum, while $760 million is on the XRPL.
- Ethereum hosts about 54% of the total RLUSD supply; XRP Ledger accounts for around 46%.
- XRP Ledger is gaining ground, considering Ethereum once hosted nearly 88% of RLUSD supply.
Despite Ripple positioning RLUSD as the main stablecoin for the XRP Ledger (XRPL), Ethereum remains the network hosting the largest share of the stablecoin’s supply.
According to Protos, approximately $879 million RLUSD is circulating on Ethereum, while $760 million is on the XRP Ledger. Ethereum hosts roughly 53% to 54% of the total RLUSD supply, and the XRP Ledger accounts for about 46% to 47%.
Still, XRP Ledger has been steadily gaining ground, considering that Ethereum hosted nearly 88% of RLUSD supply at one point.
Why Was RLUSD Launched On Ethereum In The First Place?
Ripple launched RL…
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