Report: XRPL Native Stablecoin Supply Rises 25.2% to $1.03B in Q3

October 30 — According to Blockworks' third-quarter report on XRP, XRPL's native stablecoin supply rose 25.2% quarter over quarter to $1.03 billion, mainly driven by RLUSD's 49.7% growth to $1.01 billion. RLUSD accounts for 98.1% of XRPL's native stablecoin supply, and its all-chain supply reached $2.52 billion; stablecoin transfer volume grew 39.5% to $14.09 billion. The value of distributed tokenized RWAs on XRPL increased 29.2% quarter over quarter to $498.7 million. Global XRP ETP net inflows rose 39.6% quarter over quarter to $355.3 million, with assets under management increasing from $2.01 billion to $3.32 billion.

On-chain, payment volume grew 4.3% quarter over quarter to 42.82 billion XRP, but the number of payment transactions fell 33.6% and total transactions dropped 8.6% to 203 million; native DEX trading volume rose 20.2% to $614.8 million, while the amount of fees burned declined 11.6% to 35,852 XRP.