Stablecoin activity on the XRP Ledger is rising quickly, with transfer volume over the past 30 days reaching $1.77 billion, up 91.9 percent from the prior figure. Over the same period, XRPL stablecoin market value rose 7.51 percent to $432.26 million and the number of holders increased 7.99 percent to 56,830. Ripple’s dollar-pegged RLUSD led much of the growth, while real-world asset metrics showed mixed changes and lower transfer volume.

The on-chain value of stablecoins on the Ethereum network rose to a record $180 billion. Token Terminal estimated Ethereum accounts for 60 percent of total stablecoin supply, up 150 percent from three years ago. It projected $1.7 trillion could flow on-chain across networks over four years, with $850 billion potentially going to Ethereum by 2030 under a 470 percent expansion assumption. Other datasets put Ethereum’s stablecoin value at $168 billion, with 56 percent share, rising above 65 percent including layer-2 networks.