Data in the source says XRP Ledger (Ripple-linked blockchain network) stablecoin capitalization rose 63.7% in 30 days to $823 million, helped by RLUSD and Ondo’s Treasury fund with more than $294 million.
Stablecoins on XRP Ledger (Ripple-linked blockchain network) have surpassed $1 billion, according to the source. It also states that stablecoin capitalization on the network increased 63.7% over the past 30 days to $823 million. The rise was driven by RLUSD and Ondo’s Treasury fund, which the source says holds more than $294 million. Stablecoins are crypto tokens designed to maintain a fixed value, often used for payments, trading liquidity, and on-chain settlement, so rising supply on a blockchain can indicate growing transactional and financial activity there.