XRP Ledger surpasses Stellar to rank 12th by stablecoin supply as XRPL supply rises 13% in a week

AI Market Summary
DefiLlama data show XRPL's stablecoin supply rose 13% WoW while Stellar's fell 6.5%, pushing XRP Ledger ahead as the 12th-largest stablecoin network by supply. The shift signals relative gains in on-chain stablecoin activity and liquidity on XRPL versus competing rails, which can influence network usage metrics, payment/DeFi positioning, and near-term sentiment around the XRP ecosystem.
Impact level
● Medium
Affected assets
XRP/USDT-0.24%
AI Insight · XRP/USDTAI Insight
▲ Bullish
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XRP Ledger (XRPL) has overtaken Stellar to become the 12th-largest stablecoin network by supply, according to DefiLlama data. XRPL’s stablecoin supply rose 13% over the past week. Over the same period, Stellar’s stablecoin supply contracted 6.5%.