XRP Ledger Ranks Third in Stablecoin Growth — But Who's Number One?

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TON
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1 hour agoSource: u.today
XRP Ledger Ranks Third in Stablecoin Growth — But Who's Number One?

XRP Ledger (XRPL) took third place in the global ranking of blockchain platforms by the pace of weekly growth in stablecoin capitalization. 

According to the official weekly report of the RWA Foundation organization, compiled on the basis of on-chain data from the analytics platform Token Terminal, over the reported seven days, the net inflow of capital into XRPL-based stablecoins amounted to $58.3 million. 

The inflow follows a sharp pullback: as of October 22, XRPL's stablecoin capitalization had dropped 13.19% week-over-week to about $999.9 million, as Ripple moved part of its RLUSD supply to Ethereum.

In terms of the volume of attracted funds for this period, XRP Ledger outpaced such blockchain platforms as TON (+$9.6 million) and Polygon (+$9.4 million). Regardless of the current liquidity dynamics, technical testing of the SponsoredAccountCreate update continues in the XRPL ecosystem. 

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Infographic displaying stablecoin market cap weekly growth by chain as of October 30, 2026, Source: RWA Foundation / Token Terminal

This feature is aimed at reducing corporate costs through fee subsidization: companies will be able to mass-create wallets for their clients without the need for a mandatory freeze of a starting balance of 1 XRP. However, the Sponsor amendment it depends on had only nine validator votes as of October 29, far short of the required supermajority.

Where the money really is

The top lines of the global ranking by volume of net weekly capital growth were taken by two infrastructure platforms focused on the corporate B2B segment and automated settlements:

  • Arc (1st place): The specialized blockchain network Arc, launched by Circle as an infrastructure layer for automated settlements of AI agents and smart contracts, topped the ranking. Over the reported week, the volume of stablecoins in it increased by $252.2 million, which is more than 2.5 times the result of its closest pursuer.

  • Tempo (2nd place): The second position was taken by the payment blockchain platform Tempo, which recorded a weekly capital inflow of $98.2 million. The Layer 1 network, developed with the participation of fintech giant Stripe and venture firm Paradigm, is focused on commercial merchant settlements. The growth of its indicators was driven by the inflow of liquidity into the network's base stablecoin, Open USD (OUSD).