XRP Ledger’s tracked stablecoin market capitalization rose 6.15% in seven days to about $1.159 billion on September 25, adding $67.12 million, according to DefiLlama data. RLUSD accounted for approximately $1.067 billion, or 92.1% of the market, after growing 11.55% over 30 days, faster than the broader market’s 9.8% increase. USDC’s XRP Ledger balance fell 21.86% over the month to about $4.62 million, despite a 6.71% weekly recovery. The figures measure stablecoins held on the network, not trading volume, decentralized-finance deposits, total multichain supply, XRP purchases or institutional investment. Binance also began XRP rewards for eligible RLUSD holders on September 25, while XRP Ledger Batch V1.1 moved closer to activation with validator support above its required threshold.