The value of the stablecoin at XRP images Ledger (XRPL) has grown steadily in recent months, crossing the $1 billion mark for the first time earlier this week.
The stablecoin’s supply of XRPL rose from 683.1 million in April 2026 to an all-time high (ATH) of about $1.1 billion in May, according to data from Artemisanalyzed by Finbold on May 27. Accordingly, the stablecoin supply on the XRP Ledger increased by more than 61% month-on-month (MoM).
Ripple USD (RLUSD), which is supported by Ripple Labs, accounts for the lion’s share. Over the past seven days, the supply of RLUSD on the XRPL Ledger has increased by approximately 47% to $696,663,412 at the time of publication, according to metrics from rwa.xyz.
Other notable stablecoins on XRPL are the Ondo Short-Term US Government Bond Fund (OUSG), which had a market cap of $294,023,824 at press time. Meanwhile, Braza (USDB) has a total of $104,281,912, up 6% over the past 7 days.
Why is XRP Ledger continuously growing in stablecoin distribution?
The impressive growth of the stablecoin on the XRP Ledger can be attributed to the efforts of Ripple Labs. In addition, Ripple Labs has positioned XRPL as the most advanced blockchain for cross-border payments through multiple partnerships and smart acquisitions.
With more and more institutional investors looking for stablecoins, driven by regulatory clarity in the United States, XRPL has benefited from its time trial since its inception. Of course, XRPL has been updated recently, which may make it more stable and active for a long time, like Finbold. he explained.
The XRP Ledger has also benefited from the Genius Act, a piece of legislation that created the first federal system for stablecoins, helping many organizations establish US dollars independently.
