Ripple stablecoin RLUSD payment transfers on XRP surge to $5.08 billion in May 2026

Evernorth said direct transfers excluding exchange trading climbed from about $68 million in December 2024, while RLUSD circulating supply expanded 40-fold to $800 million.

XRP
RLUSD

Summary

Ripple’s dollar-pegged stablecoin RLUSD recorded a sharp rise in direct payment activity on XRP, with transfers increasing from about $68 million in December 2024 to about $5.08 billion in May 2026, according to crypto investment firm Evernorth. The firm said the figures exclude exchange trading, indicating growth in payment-style usage rather than market turnover alone. Evernorth also said RLUSD’s circulating supply expanded 40-fold to $800 million and that it holds about 473 million XRP.

Terms & Concepts
  • stablecoin: Crypto token designed to track a fixed value
  • circulating supply: Tokens currently available and in public circulation
  • XRP: Crypto asset used on the XRP Ledger network