Ripple News: XRPL Stablecoin Transfers Hit $5.1B as RWA Inflows Lead Major Blockchains

Stablecoin activity on the XRP Ledger continued to accelerate as tokenized asset adoption expanded across the network. Recent data showed stablecoin transfer volume reached $5.11 billion during the past 30 days, representing a 22.84% increase from the previous month.

Growth in Ripple USD (RLUSD) usage and rising tokenized asset activity helped drive the increase. At the same time, XRP Ledger led major blockchain networks in net real-world asset (RWA) inflows during the last three months.

Stablecoin Activity Expands Across XRPL

The latest rwa.xyz data shows steady growth in stablecoin use across XRPL. The $5.11 billion transfer total reflects higher movement of cash-linked digital assets on the network. RLUSD accounted for a large share of that activity. Ripple’s dollar-backed stablecoin now ranks among the main liquidity tools within the XRP Ledger ecosystem.

The Ripple news also shows wider use of tokenized settlement tools. Stablecoins support payments, trading, and treasury movement because they keep dollar-linked value on-chain.

XRPL offers fast settlement and low transaction costs. Those features help projects move digital dollars and tokenized assets with fewer network costs. Transfer growth also adds volume to XRPL’s payment layer. More activity can help market participants track liquidity across tokenized cash products.

Ondo Fund Adds Tokenized Treasury Activity

The Ondo Short-Term U.S. Government Bond Fund ranked as the second-largest tokenized fund on XRPL by activity. RLUSD-related flows remained ahead. The fund recorded about $259.6 million in transfers. That figure shows rising use of tokenized short-term U.S. government debt on the network.

Tokenized Treasury products have attracted institutions that want blockchain-based settlement for traditional assets. These products connect fixed-income exposure with on-chain transfer systems.

XRPL now carries both stablecoin flows and Treasury-linked products. This Ripple news has expanded the range of real-world asset activity using the ledger.

The Ondo figure also shows how fund activity can sit beside payment activity on the same chain. That gives XRPL a broader role in tokenized finance.

XRPL Shows $3.66B Off-Chain RWA Pipeline

rwa.xyz data also shows about $3.66 billion in real-world assets represented off-chain on XRPL. Stellar, by comparison, holds about $79.35 million in similarly represented value. This off-chain pipeline tracks assets before full on-chain distribution. It gives investors and builders another way to measure institutional interest.

The pipeline also draws attention to planned network tools. These include confidential transactions, XLS-66 lending functionality, and broader RLUSD use across several chains.

XRPL supporters cite these upgrades when discussing future RWA adoption. Any movement on-chain will still depend on product readiness, compliance needs, and institutional integration work. The size of the pipeline also places XRPL among networks with large pending RWA activity. It does not mean all assets have moved on-chain yet.

RWA Inflows Place XRPL Ahead of Ethereum and Stellar

RWA Foundation data shows XRPL recorded $1.9 billion in net RWA inflows over the past 90 days. The figure excludes stablecoins and places XRPL ahead of several major networks.

Ethereum recorded $1.6 billion in net RWA inflows during the same period. Stellar followed with $1.4 billion, based on the dataset. Messari’s Q1 2026 report also showed sharp RWA market growth on XRPL. The network’s RWA market cap rose 124.1% quarter-over-quarter to $2.25 billion.

Distributed RWAs on XRPL reached $451.1 million after rising 35.6% quarter-over-quarter. Messari ranked XRPL seventh globally at the time, before later data placed it fourth.

Evernorth data showed XRPL grew from $10 million to $400 million in tokenized RWAs in about 15 months. Ethereum took about 36 months to reach the same level. Year-to-date growth also favored XRPL, which rose 78% compared with Ethereum’s 36%. The data shows faster RWA expansion on XRP Ledger during the tracked period.