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Ripple shifts $1.36M RLUSD from XRP Ledger to Ethereum, widening Ethereum's lead in stablecoin supply.

Protocol Fundamentals
07 Sep 2026
Coinpaper
View Source
Bullish
Ripple shifts $1.36M RLUSD from XRP Ledger to Ethereum, widening Ethereum's lead in stablecoin supply.

Ripple transferred 1.36 million RLUSD from the XRP Ledger to Ethereum, increasing Ethereum's RLUSD supply lead to about $350 million. Ethereum now holds roughly 57.3% of the total RLUSD supply, valued at $1.38 billion, compared to $1.03 billion on XRPL. This shift reflects a supply rebalance rather than new RLUSD creation and highlights Ethereum's advantage due to its deeper DeFi liquidity and broader blockchain support. Ripple continues to issue RLUSD on multiple blockchains, maintaining XRPL activity while leveraging Ethereum's mature financial ecosystem for additional liquidity.

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