Crypto Scenario Insights
What happened
Recent data indicates that 51-52% of the RLUSD stablecoin supply now resides on the XRP Ledger, a significant increase from 17% in April 2025.
What we think
The shift of 51% of RLUSD supply to the XRPL is a significant structural development, confirming Ripple's success in consolidating its ecosystem liquidity.
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RLUSD Liquidity Shift to XRPL: Structural Growth or Isolated Ecosystem Metric?
We explain what happened and what could follow. We do not forecast prices.