XRP Ledger Now Holds Over 20% of RLUSD Supply

• RLUSD supply nears 1.3B, with XRPL holding over 20% as Ethereum remains the primary issuance network.
• RLUSD ranks 55th by market cap, reflecting its growing footprint across Ethereum and the XRP Ledger.
• Regulatory approvals and L2 expansion position RLUSD for broader regulated multichain use. 

Ripple’s U.S. dollar–backed stablecoin RLUSD is showing a shortage of supply across its two primary blockchains, with recent minting figures highlighting the XRP Ledger’s growing share. Data cited by Bill Morgan shows that RLUSD minted on the XRP Ledger is now approaching 300 million tokens, while issuance on Ethereum has surpassed 1 billion tokens. As a result, the XRP Ledger now accounts for more than 20% of the total RLUSD supply in circulation.

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