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Ripple's new stablecoin hits $200M weekly DeFi volume, doubling closest rival USDG.

Protocol Fundamentals
26 Oct 2026, 17:53 WIB
UToday
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Bullish
Ripple's new stablecoin hits $200M weekly DeFi volume, doubling closest rival USDG.

Ripple's stablecoin RLUSD surged to $199.4 million in weekly trading volume on decentralized exchanges, outpacing its nearest competitor USDG by more than double. This growth is driven by institutional interest in RLUSD's NYDFS-regulated compliance and backing by U.S. government bonds, making it attractive for large-scale capital and cross-border payments. Integrated with Uniswap V4, Squid protocol, and Swiss platform Arf, RLUSD now ranks 8th globally among stablecoins with $2.4 billion capitalization and dominates over 92% of stablecoin turnover on the XRP Ledger. This marks RLUSD as a key bridge between traditional banking and DeFi markets.

XRP, the native token of Ripple, is trading at Rp23.485 with a slight 0.27% gain over the past day on Pluang. The platform shows strong buying interest with 82% of orders favoring buys and a typical hold time of 72 days. These figures highlight steady investor confidence as of Oct 26, 2026 22:02 WIB.

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