DeFi· ★★★· neutral·

Ripple pushes XRPL beyond payments into tokenization and stablecoins

  • —About $1.03 billion RLUSD and $1.11 billion in stablecoins issued on XRPL
  • —XRPL processes over 2.9 million transactions a day with ~39,000 active addresses
  • —Evernorth began trading Oct. 12 under ticker XRPN with ~473 million XRP
  • —Schwartz framed 2027 as the test of whether institutions drive real on-chain activity
Why it matters: Ripple's institutional push must translate into sustained on-chain activity, or tokenization and AI use cases will remain nascent.
Source: AMBCrypto