New volumes on decentralized venues were formed through a series of technical integrations: the token was instantly added to specialized Uniswap V4 pools for large-scale arbitrage, connected via cross-chain routes of the Squid protocol with a hundred other blockchains, and launched on the Swiss platform Arf.
The last step allowed licensed payment companies to use $RLUSD for instant cross-border settlements, completely solving a long-standing fintech problem: the lengthy freezing of live money in bank correspondent accounts.
Against this backdrop, fresh metrics from the rwa.xyz analytics dashboard highlight a unique structural paradox. With a net capitalization of $2,401,976,892, the new token took 8th place in the global stablecoin ranking and is already breathing down the neck of a similar project from PayPal ($3.01 billion).
Yes, on the scale of the global market of $289.24 billion, Ripple’s share is still a modest one percent against the backdrop of the total dominance of the giants Tether ($181.5 billion) and Circle ($69.7 billion). But within its home walls, in the $XRP Ledger (XRPL) registry, the asset has established an absolute monopoly, taking over more than 92% of all stablecoin turnover.
In essence, this weekly surge in volumes clearly showed how a narrow-niche instrument, thanks to the right legal wrapper, turns into the main working bridge between classical banking and decentralized markets.
