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Over half of XRP Ledger transactions are payments, highlighting growing use in cross-border transfers.

Protocol Fundamentals
23 Mar 2026
Finbold
View Source
Bullish
pluang ai news

A recent analysis of 5,000 blocks on the XRP Ledger (XRPL) shows that 53.2% of over 1 million transactions were payments, emphasizing the network's primary use for cross-border payments. OfferCreate transactions, related to decentralized exchange orders, made up 34.2%, signaling strong decentralized finance activity. The Ripple USD stablecoin (RLUSD) dominates token transfers on XRPL, supporting high transaction volumes. This growing adoption of XRPL for payments could boost demand and price for XRP, especially as Ripple Labs expands partnerships with banks and fintechs to streamline cross-border money movement.

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