NewsSignals AI analysis·Beincrypto·Nov 4, 2026

Ripple’s $2.6 Billion Stablecoin is Growing on Ethereum, Not XRP

Grade Abearish AI signal$XRP$ETH

Ripple's $2.57 billion RLUSD stablecoin is increasingly concentrated on Ethereum, with roughly two-thirds of its circulating supply now held outside the XRP Ledger. Ethereum holds approximately $1.72 billion in RLUSD compared with $850 million on the XRP Ledger, while Ethereum's supply grew by about a third over the past month. Ethereum's deeper DeFi ecosystem could continue attracting RLUSD liquidity, potentially limiting the direct benefits of stablecoin growth for the XRP Ledger.

Bullish strength: 40/100

RLUSD market capitalization has grown more than 88% this year.
Ripple CEO describes RLUSD and XRP as complementary assets.
RLUSD growth could expand the broader Ripple ecosystem.

Bearish strength: 60/100

Approximately two-thirds of RLUSD supply is held on Ethereum.
XRP Ledger holds only around $850 million compared with Ethereum's $1.72 billion.
XRP Ledger RLUSD supply has declined while Ethereum's supply expanded.
XRP Ledger lacks native lending compared with Ethereum's deeper DeFi ecosystem.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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