XRPL Stablecoin Market Cap Drops Below $1 Billion After 13% Weekly Decline

HIGHLIGHTS XRPL’s stablecoin market cap fell 13.19% in a week to about $999.9M, still ranking 12th globally by supply. RLUSD, which holds over 90% of XRPL stablecoin value, dropped 14.39% to about $907M as Ripple shifted supply toward Ethereum. Partnerships with Cross River Bank and Standard Chartered could restore supply if settlement volume grows. XRPL stablecoin supply has dropped sharply. According to DefiLlama data, the XRP Ledger's total stablecoin market cap contracted 13.19% over the past week. It now sits at roughly $999.9 million, just below the $1 billion mark. XRPL still ranks 12th globally by stablecoin supply.