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Ripple CEO says half of RLUSD stablecoin is on XRP Ledger, boosting liquidity and revenue hits $900M.

Protocol Fundamentals
31 Oct 2026, 09:07 WIB
Tokenpost
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Bullish
Ripple CEO says half of RLUSD stablecoin is on XRP Ledger, boosting liquidity and revenue hits $900M.

Ripple CEO Brad Garlinghouse revealed that about half of the Ripple USD (RLUSD) stablecoin supply is now on the XRP Ledger, with the rest on Ethereum. This growth on XRP Ledger enhances liquidity and complements XRP's use cases, which include handling large-scale transactions due to its speed and scalability. Ripple's revenue surged to $900 million from $300 million in one year, marking its best financial performance. The company remains committed to supporting XRP and its ecosystem moving forward.

XRP holds a market cap of Rp1.429,03 trillion on Pluang as of Oct 31, 2026, 13:21 WIB, with a 24-hour trading volume of Rp47,47 trillion. The token's price is Rp22.598, down 1.22% in the past day, while typical holders keep their XRP for about 73 days. This trading activity occurs alongside Ripple's reported surge in revenue and expansion of RLUSD stablecoin on the XRP Ledger, highlighting ongoing ecosystem development.

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