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XRP Ledger drew $1.9 bn of real‑world asset inflows in the last 90 days, outpacing Ethereum, while XRPL stablecoins approach the $1 bn mark.
XRP Ledger (XRPL) recorded $1.9 billion of net real‑world asset (RWA) inflows over the past 90 days, surpassing Ethereum’s $1.6 billion and giving XRP a fresh narrative as traders rebuild exposure without a leverage spike【1】.
| At a glance | |
|---|---|
| Net RWA inflows (90 d) | $1.9 bn (XRPL) vs. $1.6 bn (Ethereum) |
| Stablecoin supply (XRPL) | ~$770 m, up 97% in 30 d |
| 24‑h price move | +5% to $1.29, now ~$1.24 |
| Catalyst | Institutional RWA capital, South Korean wallet activity, stablecoin growth |
XRPL’s $1.9 bn of new tokenized real‑world capital places it ahead of Ethereum, Solana and other major chains in the short‑term flow ranking, though Ethereum still holds 52.8% of the overall tokenized asset value at roughly $17 bn【1】. The surge is driven by large, treasury‑scale commitments rather than retail fragmentation, according to Evernorth analysts who note the network’s “top‑tier” growth among legacy L1s【1】. On‑chain metrics show XRPL’s stablecoin market cap rose to $907.63 m—a 73.44% jump over the prior 30 days—and transfer volume climbed 90.90% to $4.86 bn, underscoring the liquidity needed for institutional settlement【1】.
XRP’s price rose more than 5% in the last 24 hours, testing a high of $1.29 before settling near $1.24【1】. The rally coincided with a sharp geographic shift in wallet flows: Upbit’s share of global XRP wallet‑flow dominance jumped from 13% to 31% between June 7 and June 14, while Western exchanges saw declines【1】. Derivatives markets also showed disciplined rebuilding; Binance‑cleared XRP open interest averaged about 485 million contracts over the past month, staying within normal historical bounds (Z‑Score 0.19) and indicating a measured accumulation of directional and hedging positions rather than speculative leverage【1】.
Stablecoin supply on XRPL reached roughly $770 million, up 97% in the last 30 days, with Ripple’s RLUSD accounting for nearly 99% of that supply【2】. RWA.xyz places XRPL’s stablecoin market cap at $901.7 million and notes a 122% rise in 30‑day transfer volume to $4.95 bn【2】. Ripple is positioning this liquidity as a rail for AI agents that require fast, rule‑based dollar payments, but analysts caution that current growth may reflect early positioning ahead of broader adoption【2】.
The XRPL’s surge in institutional RWA capital and stablecoin liquidity gives XRP a tangible growth narrative, yet the concentration of wallet activity in South Korea and the still‑fragile competitive edge over Ethereum leave the longer‑term sustainability of the trend uncertain.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jun 18, 2026 · How we report
reUSD is the senior tranche with a 250 bps spread and higher liquidity, while reUSDe is the junior tranche that absorbs losses before reUSD and earns a higher 850 bps spread.
Yield is generated from a blend of off-protocol capital earning the SOFR rate and on-chain capital earning the 7-day trailing sUSDe basis trade rate, plus a 250 bps spread.
No, the protocol restricts participation from the U.S. and several other countries, including Iran, North Korea, Syria, Russia, Belarus, and Cuba.
Off-chain balances are attested daily by The Network Firm and published via Chainlink, while on-chain reserves are transparent by default.