Information from rwa.xyz exhibits that stablecoin switch exercise on the XRP Ledger (XRPL) has reached $5.11 billion over the previous 30 days.
Notably, this represents a 22.84% enhance in comparison with the earlier month. The rise factors to stronger on-chain liquidity and likewise suggests rising use of tokenized cash-like belongings throughout the XRPL ecosystem.
Ondo Fund Turns into Second-Largest Tokenized Asset on XRPL
The identical dataset signifies that the Ondo Brief-Time period U.S. Authorities Bond Fund is now the second-largest tokenized fund on XRPL.
It’s only behind RLUSD-related flows in measurement and exercise. The fund recorded about $259.6 million in transfers throughout the interval, signaling rising institutional curiosity in on-chain tokenized U.S. Treasury publicity.
The pattern means that tokenized real-world belongings (RWAs) are gaining a extra seen position inside the XRPL ecosystem.
XRPL Exhibits $3.66B in Off-Chain RWA Pipeline
In the meantime, further information from rwa.xyz reveals that XRP Ledger at present has about $3.66 billion in real-world belongings represented off-chain. For comparability, Stellar holds round $79.35 million in comparable represented worth.
This means that XRPL has secured important institutional commitments in current months.
Some supporters consider this off-chain pipeline might start shifting on-chain extra quickly as XRPL infrastructure improves. Key upgrades usually cited embody:
- Confidential transactions
- XLS-66 lending performance
- Growth of RLUSD throughout a number of chains
The argument is that the $3.66 billion in represented belongings might not enter the system step by step. As a substitute, it might transfer in bigger waves as soon as tokenization rails and institutional integrations mature.
XRPL Leads RWA Tokenization With $1.9B Inflows
XRPL’s rising momentum is additional strengthened by current information displaying that it recorded the very best web RWA inflows throughout main blockchains over the previous 90 days.
Information from the RWA Basis confirmed that XRPL attracted $1.9 billion in web RWA inflows (excluding stablecoins), forward of Ethereum’s $1.6 billion and Stellar’s $1.4 billion.
Furthermore, Messari’s Q1 2026 report exhibits XRPL’s RWA market cap surged 124.1% quarter-over-quarter to $2.25 billion, rating it seventh globally on the time earlier than rising to fourth. Distributed RWAs on XRPL additionally climbed to $451.1 million, up 35.6% quarter-over-quarter.
Evernorth information exhibits XRPL scaled from $10 million to $400 million in tokenized RWAs in ~15 months, in comparison with ~36 months for Ethereum. Yr-to-date progress additionally favors XRPL, up 78% versus Ethereum’s 36%.
General, inflows and adoption developments counsel XRP Ledger is turning into one of many fastest-growing hubs for tokenized real-world belongings.
DisClamier: This content material is informational and shouldn’t be thought-about monetary recommendation. The views expressed on this article might embody the writer’s private opinions and don’t mirror The Crypto Primary opinion. Readers are inspired to do thorough analysis earlier than making any funding selections. The Crypto Primary just isn’t chargeable for any monetary losses.
