XRP Ledger Hits $2.5 Billion in Settlements Driven by RLUSD Transactions
XRP Ledger has surpassed $2.5 billion in settlement volume, with Evernorth research attributing the growth to rising RLUSD transaction activity on the network.
XRP Ledger has recorded over $2.5 billion in total settlement volume, a milestone attributed to the growing transaction activity of Ripple USD (RLUSD), according to data published by Evernorth research.
The figure marks a significant uptick in on-chain settlement throughput on the XRP Ledger network. Evernorth's research indicates that RLUSD, Ripple's US dollar-pegged stablecoin, has been the primary driver behind the surge in recorded settlement value on the ledger.
RLUSD was introduced as Ripple's native stablecoin, designed to facilitate faster and more cost-efficient cross-border payment settlements. Its integration into the XRP Ledger infrastructure has positioned it as a key instrument for institutional and enterprise-grade payment flows processed through the network.
The $2.5 billion threshold in settlement volume underscores the expanding utility of the XRP Ledger beyond speculative trading activity. Settlement volume in this context refers to the total value of transactions finalized and cleared through the ledger's consensus mechanism, reflecting real transactional demand rather than nominal price movements.
Evernorth research, which tracks blockchain payment infrastructure metrics, highlighted the RLUSD-driven volume as evidence of growing adoption of stablecoin-based settlement rails built on the XRP Ledger. The report did not specify the exact timeframe over which the $2.5 billion figure was accumulated.
Ripple has been actively expanding RLUSD's availability and use cases since the stablecoin's launch, targeting corridors where traditional correspondent banking settlement is slow or costly. The XRP Ledger's near-instant finality and low transaction fees have been cited by Ripple as core advantages for stablecoin-based settlement infrastructure.
The broader context places this development within an accelerating trend of stablecoin adoption across multiple blockchain networks, where settlement volume is increasingly used as a benchmark for real-world utility and network traction.
