The Ripple stablecoin, RLUSD, has become the third-fastest-growing stablecoin in 2026, having added over $1 billion to its market cap this year alone. This is according to data provided by RWA.xyz, the leading source of tokenized RWA data.
The XRP ecosystem has recorded the largest real-world asset (RWA) inflow of any blockchain network in 2026.
Data from RWA.xyz, a leading provider of tokenized RWA data, shows that the XRP Ledger (XRPL) has received $3.6 billion in RWA inflows since the start of the year.
The impressive growth comes despite XRP’s continued price weakness. The cryptocurrency has fallen 27.19% year-to-date despite the August rebound as the broader market remains in a bear phase.
Interestingly, amid the struggles, capital entering the XRPL’s RWA ecosystem has grown, showing that activity around tokenized real-world assets has continued even as XRP’s market performance remains weak.
For context, the $3.6 billion inflow puts the XRP Ledger at the top of the global ranking for 2026. BNB Chain follows in second place with $2.6 billion, putting XRP about $1 billion ahead. Stellar ranks third with $2.5 billion, while Solana takes fourth place with $2.2 billion in RWA inflows this year.
Ethereum ranks fifth with $1.2 billion in capital flows. This gives the XRP Ledger a $2.4 billion lead over Ethereum in 2026 RWA inflows.
The network has also already surpassed its 2025 RWA inflow record by more than 16 times, with three months left before the end of 2026.
The difference from last year is particularly large. For context, the XRP ecosystem’s RWA market stood at $5 million at the start of 2025 and reached $226.8 million by the end of that year.
This represented an increase of $221 million during 2025. By comparison, the $3.6 billion added in 2026 already amounts to 16.2 times the $221 million increase recorded in 2025.
Interestingly, the $3.6 billion figure does not include the XRPL’s stablecoin market. That market has grown by more than $1 billion this year, with RLUSD’s growth providing a major boost. As a result, the network’s overall tokenized-asset growth is even larger when considering stablecoins.
Excluding stablecoins, commodities and asset-backed credit account for most of the $3.6 billion RWA growth recorded on the XRP Ledger in 2026. Within the commodities sector, Justoken’s JMWH alone has added $2.229 billion to the XRP ecosystem this year.
Asset-backed credit has also made up a large share of the XRPL’s RWA expansion. The various CRX Digital Assets have added about $1 billion to the XRP Ledger in 2026.
Together, Justoken’s JMWH and CRX Digital Assets have contributed around $3.229 billion to the XRP Ledger this year. JMWH accounts for $2.229 billion, while CRX Digital Assets account for about $1 billion. Combined, these two asset classes make up 89% of the total $3.6 billion added to the network.
The figures show that the XRPL’s RWA growth has not come only from stablecoins. Tokenized commodities and asset-backed credit have provided most of the network’s non-stablecoin growth, giving the XRP Ledger a wider base of RWA activity.
When stablecoins enter the calculation, the total amount added to the XRP Ledger this year rises from $3.6 billion to $4.4 billion. The increase considers nearly $1 billion in stablecoin growth during 2026, with RLUSD making the biggest contribution.
However, including stablecoins changes the network ranking. At $4.4 billion, the XRP Ledger ranks third in terms of total year-to-date flows for 2026. TRON leads with $11.9 billion, followed by HyperEVM with $6 billion.
The XRP ecosystem has recorded more than $5 billion in 30-day stablecoin transfer volume, a clear increase from the level recorded a month earlier.
This is according to data provided by RWA.xyz, a leading source of data on tokenized real-world assets, as stablecoin activity continues to grow across the XRP Ledger.
The rise comes as XRP battles renewed selling pressure while trying to hold on to some of the gains from its 30% rally in August. Despite the broader market pullback, XRP remains above $1.35, showing some resilience as the crypto market struggles.
Specifically, data from RWA.xyz shows that stablecoin transfer volume reached $5.25 billion over the past 30 days. This represents an 18.21% increase from the figure recorded 30 days ago. The growth has come alongside the rising presence of RLUSD, Ripple’s stablecoin, on the XRP Ledger.
In addition, the number of stablecoin holders on the XRP Ledger has also increased. Over the past 30 days, stablecoin holders grew 10.13% to 80,740. This indicates that the network is now witnessing growing participation in the stablecoin market amid increasing adoption.
The stablecoin market itself has also expanded during the same period. Its market capitalization rose 26.04% over the past month to $1.10 billion, after crossing the $1 billion mark just last month.
However, the broader tokenized asset market on the XRP Ledger has shown a less consistent trend. Notably, RWA holders rose 19.63% in the past 30 days to 256, but distributed asset value fell 5.51% during the same period to $458.39 million. Represented asset value also declined 2.01% to $3.97 billion.
In addition, RWA 30-day transfer volume dropped 87.15% over the last month to $31.14 million. However, the decline does not automatically indicate weaker demand. Investors may simply be keeping their tokenized assets on the XRP Ledger instead of moving them between wallets.
Regarding the growth of the XRP ecosystem’s stablecoin market, RLUSD has made the largest contribution. Ripple launched the stablecoin in December 2024, and its market presence has continued to expand since then.
Earlier this month, The Crypto Basic confirmed that RLUSD had crossed a $2 billion market cap, with about $1 billion issued on the XRP Ledger. At press time, RLUSD’s market value on the XRP Ledger stood at exactly $1,033,001,741. This represents a 26.86% increase in its XRPL-based valuation over the past 30 days.
RLUSD has also strengthened its position within the XRP Ledger’s distributed RWA market. Its share increased 10% over the past month to 66.32% at press time. This confirms that while some areas of the tokenized asset market have slowed, stablecoin activity, led by RLUSD, continues to grow across the XRP ecosystem.
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