Quick Read – RLUSD has grown from $132 million to over $1.6 billion in market cap since its December 2024 launch.
But XRP’s only role across all that activity is collecting 0.00001 XRP per transaction in network fees. – Ripple closed ten major deals in 2026, and not a single one used XRP as the settlement asset. – Five XRP ETFs have pulled in $1.41 billion in cumulative inflows since late 2025
Goldman Sachs has already exited its position, and XRP is still down more than 40% on the year. – The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE. Ripple’s RLUSD stablecoin has crossed a $1.6 billion market cap, making it one of the fastest-growing stablecoins in the market since its December 2024 launch.
Its expanding share of settlement activity on the XRP Ledger suggests RLUSD is finding genuine use beyond its early adopter base. Despite RLUSD’s rapid growth, almost none of it is flowing into XRP (CRYPTO: XRP) itself. More activity on the XRP Ledger does not automatically translate into more demand for the token, and XRP holders are feeling that sting as RLUSD continues to grow.