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RLUSD Transfer Volume on XRP Ledger Reached $20.1 Billion in October

The stablecoin's monthly transfer volume on the XRP Ledger grew roughly ninefold since January 2026, reaching $20.1 billion.

In This Story
XRP coin in a bright modern glass office, representing RLUSD stablecoin transfer volume growth on the XRP Ledger
Illustration: AI-generated image.

Key Takeaways

  • RLUSD transfer volume on the XRP Ledger reached $20.1 billion in October 2026.
  • That is roughly nine times the $2.2 billion recorded in January 2026.
  • RLUSD is Ripple's US dollar-pegged stablecoin, backed by cash and short-term Treasuries.
  • The XRP Ledger's native DEX and payment channels support direct RLUSD settlement.

RLUSD transfer volume on the XRP Ledger (XRP) reached $20.1 billion in October 2026, about nine times the $2.2 billion recorded in January 2026.

The figure shows accelerating adoption of Ripple's stablecoin on the XRP Ledger, where it was first deployed. RLUSD is a US dollar-pegged stablecoin issued by Ripple, designed for payments and settlement.

XRP 30-day candlestick price chart with volume on Coinranking
XRP price over the last 30 days. Source: Coinranking

RLUSD Growth on the XRP Ledger

RLUSD launched on the XRP Ledger in late 2024 as Ripple's entry into the stablecoin market. Transfer volume has climbed steadily through 2026, rising from $2.2 billion in January to $20.1 billion in October.

The growth reflects increasing use of RLUSD for cross-border payments and on-chain settlement. The XRP Ledger processes these transfers with low fees and fast confirmation times, making it a natural home for the stablecoin. Traders can track XRP (XRP) market data alongside RLUSD activity on Coinranking.

What Is RLUSD?

RLUSD is a stablecoin issued by Ripple, pegged one-to-one to the US dollar. It is backed by reserves of cash and short-term US Treasuries. Ripple positions RLUSD for use in institutional payments, DeFi, and as a bridge asset between traditional finance and crypto.

The stablecoin is available on both the XRP Ledger and Ethereum. On the XRP Ledger, RLUSD benefits from the network's built-in decentralized exchange and payment channels. The XRP price chart shows how the broader XRP ecosystem has performed alongside RLUSD's growth.

XRP Ledger's Role in Stablecoin Settlement

The XRP Ledger has long been designed for payments and asset issuance. Its native decentralized exchange supports order books for issued tokens like RLUSD. This means stablecoin transfers can settle directly on the ledger without relying on external bridges.

October's $20.1 billion in RLUSD transfer volume puts it among the most actively used stablecoins on the XRP Ledger. The roughly ninefold increase since January suggests that demand for on-chain dollar settlement on the network is growing quickly. The broader layer-1 blockchains sector continues to see rising stablecoin activity as more payment flows move on-chain.

Frequently Asked Questions

How Much RLUSD Transfer Volume Was on the XRP Ledger in October 2026?

RLUSD transfer volume on the XRP Ledger reached $20.1 billion in October 2026, up from $2.2 billion in January 2026.

What Is RLUSD?

RLUSD is a US dollar-pegged stablecoin issued by Ripple. It is backed by cash and short-term US Treasury reserves and is available on the XRP Ledger and Ethereum.

How Fast Has RLUSD Grown on the XRP Ledger?

RLUSD transfer volume grew from $2.2 billion in January 2026 to $20.1 billion in October 2026, a roughly ninefold increase over ten months.

What Is the XRP Ledger Used For?

The XRP Ledger is a payment-focused blockchain with a built-in decentralized exchange. It supports issued tokens like RLUSD and processes transfers with low fees and fast confirmation times.

Is RLUSD Available on Other Blockchains?

Yes, RLUSD is available on both the XRP Ledger and Ethereum. Ripple has positioned it for institutional payments and DeFi use across multiple networks.

Sources

  1. RLUSD Transfer Volume on XRP Ledger Reached $20.1 Billion in October · www.tokenpost.com

Prices and market data: Coinranking.

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