Data: The market capitalization of RLUSD will reach 2.37 billion USD in September 2026, and the supply on the XRPL chain will surpass Ethereum for the first time

According to research data from CoinDesk, the market capitalization of Ripple's USD stablecoin RLUSD reached $2.37 billion in September 2026.

Data shows that in June of this year, the supply of RLUSD on the XRP Ledger (XRPL) network surpassed that on Ethereum for the first time, accounting for 52% of the total supply, while Ethereum's network accounted for 48%. This change indicates that the liquidity of RLUSD is increasingly shifting towards Ripple's native settlement infrastructure, XRPL.