After Ripple introduced the dollar-stabilized RLUSD, the market once feared that it would divert the XRP from its ecological role. However, according to the latest compiled XRP Legger data of Evernorth, the chain provider, RLUSD expansion does not replace XRP, but rather continues to increase the use of XRP at the level of transactions, settlements and fees.

RLUSD transactions are rapidly amplified

Evernorth states that RLUSD has become one of the most active assets traded on XRP Ledger. The data show that the number of monthly RLSD transactions has risen from about 54 million in December 2024 to about 600,000 to 1.1 million per month in 2026.

Since all RLUSD transactions are completed on XRP Ledger, XRP still has to be used to pay network charges. This means that the more active the RLUSD transaction, the more the XRP consumes in the bottom network.

RLUSD/XRP deals are about $900 million.

The report mentions that RLUSD/XRP has become an important trading pair to drive dynamism in the chain. Over the past six months, the cumulative value of this transaction has been approximately $900 million; since RLUSD went online, the cumulative value of all RLUSD-related transactions has exceeded $2.5 billion.

Evernorth compared this structure to the dollar role in the traditional foreign exchange market. In other words, RLUSD is taking on the main dollar-to-dollar matching functions in the XRP ecology, while XRP is still responsible for the bottom clearing and network operation.

The size of the flow rose to almost $800 million.

The data on the chain also show that the flow of RUSD on XRP Ledger is growing rapidly. By the end of 2024, it was about $20 million in circulation; by late June 2026, it was close to $800 million, about 40 times as fast as before, of which May and June were the most visible.

In terms of user coverage, as of 25 June 2026, 45,527 XRP Ledger accounts held RLSD and the number of related trust lines was close to 93,898. Trust Line is a preset for receiving and using specific assets on XRP Ledger, and this increase indicates that more wallets are being prepared to use RLUSD.

  • Number of RLSD accounts held: 45,527
  • Trust line: 93,898 opened
  • Statistics: As of 25 June 2026

Disbursement activity rising simultaneously

In addition to the transaction, the use of RLUSD payments is being amplified. The data show that direct payments on RLUSD on XRP Ledger increased from about $68 million in December 2024 to over $5 billion in May 2026, about 75 times more than in the early days of the line.

At the same time, more than 51 per cent of RLSD traffic is currently in XRP Ledger, up from 17 per cent in April 2026. This suggests that the RLUSD chain centre of gravity is clearly tilting towards XRP Ledger rather than remaining more in the Etherwood network.

Overall, this set of data points to the conclusion that RLUSD does not weaken XRP 's network role. On the contrary, with the increase in stable currency transactions, payments and liquidity activities, the XRP continues to benefit from the processing fees and the bottom line.