# Stablecoin Supply on the XRP Ledger Nears $890 Million, and a Challenger to RLUSD Emerges

Dollar tokens on the XRP Ledger have risen more than 20% in a month, driven mostly by Ripple's RLUSD, while a smaller issuer's USDV points to a broadening set of on-chain dollar providers.

- Published: 2026-07-06T10:30:26.552Z
- Canonical: https://polylog.news/crypto/2026-07-06/stablecoin-supply-on-the-xrp-ledger-nears-890-million-and-a
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/xrpl-stablecoins-surge-to-900m-but-the-breakout-trend-is-not-rlusd/), [crypto.news](https://crypto.news/ripple-joins-europes-licensed-crypto-firms-after-mica-win/)

Stablecoin supply on the XRP Ledger has climbed to nearly $890 million, up about 20.6% over the past 30 days, according to CryptoSlate. Ripple's RLUSD accounts for the large majority of that total, but the report argues the more telling dev…

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