Overview
- David Schwartz of Ripple says the XRP Ledger is being used for tokenized real‑world assets and could later support tokenized securities, money market funds, repos and loans.
- Ripple’s RLUSD stablecoin has been rolled out to more than 40 blockchains through Wormhole, including Ethereum layer‑2s and the XRPL EVM sidechain, increasing dollar liquidity available to XRPL developers.
- Q1 network data cited by Messari shows XRPL daily transactions rose about 35% quarter‑over‑quarter, on‑ledger RWA value climbed roughly 124% to $2.25 billion, and RLUSD balances on XRPL reached about $340 million.
- A crypto analyst posted that XRPL saw about $1.5 billion of RWA inflows over 30 days while Ethereum had about $1.2 billion in outflows, but those figures remain unverified by independent data providers.
- Banks and asset managers have run pilots that move tokenized assets on XRPL while using traditional bank rails for cash settlement, and broader institutional use will depend on trusted issuers, custody providers and deeper liquidity.