The XRP Ledger's stablecoin supply surpassed $1.03 billion in Q3, with transfer volume increasing 39.5% to $14.09 billion, driven mainly by Ripple USD (RLUSD), which holds 98.1% of stablecoin liquidity on XRPL. This milestone highlights XRPL's growing role as a financial infrastructure beyond token trading. However, increased stablecoin activity does not directly translate to higher demand for XRP itself, as stablecoins are dollar-backed and usage can grow independently of XRP holdings. Ripple is expanding RLUSD's reach through partnerships and new financial products, signaling broader institutional adoption despite the indirect link to XRP demand.
XRP trades at Rp22.636 on Pluang as of Nov 02, 2026 02:02 WIB, showing a slight 0.43% decline over the past day. The market cap stands at Rp1.436,45 trillion with a 24-hour trading volume of Rp14,04 trillion. Despite the surge in stablecoin transfers on the XRP Ledger, XRP's price and trading activity remain relatively stable with a balanced buy-sell order ratio.
Ripple secured final U.S. approval to establish its national trust bank and expanded partnerships with major financial firms in October, projecting $900 million in annual product revenue. Despite these milestones, XRP, the associated cryptocurrency, ...
Binance transferred a total of $400.8 million in cryptocurrency to unknown wallets within a three-hour period ending at 1 p.m. ET on November 1. The largest transaction was a $190 million transfer of two million Solana (SOL) tokens. Other significant...
Exchange wallets saw a net outflow of 133 million XRP in the week ending October 31, just before Ripple released 1 billion XRP from escrow on November 1. This release lowered Ripple's locked XRP from 31.4 billion to 30.4 billion tokens. Despite the l...
Binance plans to restart XRP withdrawals on November 1 between 1–4 a.m. ET following a security breach on October 29 that resulted in an estimated $6.3 billion loss in token assets. The exchange reported that about $3 billion of assets were frozen on...
XRP has stabilized around the key $1.25 support level, defending its 200-week moving average despite a recent market sell-off triggered by a $6.3 billion Binance hack. This level is critical as it represents a historical support zone where buyers hav...
