AdoptionAdoption$2.6B
Ripple’s $2.6 Billion Stablecoin is Growing on Ethereum, Not XRP - BeInCrypto
Analysis reveals that Ripple's RLUSD stablecoin growth is primarily concentrated on Ethereum rather than the XRP Ledger.
So what
Concentrated adoption on Ethereum highlights that institutional stablecoin issuers must prioritize network effects and deep DeFi composability over native chain loyalty. This structural dynamic forces issuers to allocate resources toward cross-chain bridges and multi-chain liquidity management rather than relying solely on proprietary ledgers.