How much did RLUSD's supply grow?

About 30% over the past month, per AMBCrypto's Wednesday report. The piece did not disclose the specific dollar figure of the increase in the available excerpt.

Why does this affect XRP directly?

RLUSD is issued on the XRP Ledger. Every dollar of net new supply routes through XRP-native infrastructure, which deepens on-chain XRP liquidity without requiring bridging from other chains.

Is USDT actually shrinking?

AMBCrypto reported USDT's share slipped over the same window rather than absolute supply collapsing. Tether's absolute float still dwarfs RLUSD's by orders of magnitude.

What would invalidate the bullish read?

RLUSD supply flattening for two consecutive weeks while USDT reclaims share on the venues where the migration showed up.

Ripple's RLUSD Supply Jumps 30% in a Month as USDT Loses Ground, XRP Liquidity Picture Shifts

Ripple's RLUSD stablecoin supply expanded roughly 30% over the past month while USDT's share of stablecoin flow slipped, AMBCrypto reported Wednesday, tightening the liquidity map around XRP and ETH just as both coins pushed through recent resistance. The shift, flagged in an AMBCrypto piece published at 18:00 UTC, puts a Ripple-issued dollar token on a growth curve the market has not seen from a challenger stablecoin since the PYUSD launch cycle. Traders now have to price a real second-order effect: a stablecoin whose native rails run through the XRP Ledger is compounding at a pace Tether is not matching this month.

By Rahul Mehta· AI-assisted· Altcoins & DeFi

What happened

AMBCrypto reported Wednesday that Ripple's RLUSD stablecoin grew its circulating supply by roughly 30% over the past month, while Tether's USDT lost ground on the same window. The outlet framed the shift as a liquidity story rather than a price story, noting that RLUSD's expansion is coinciding with a recent breakout in XRP and ETH pairs. RLUSD launched into a market where USDT and USDC together clear the overwhelming majority of stablecoin volume, so a 30% monthly supply move on a challenger token is the kind of number that trading desks flag rather than skim.

The piece did not attach a specific dollar figure to the increase in the excerpt available, and Ripple has not issued a fresh public statement tied to the AMBCrypto report at time of writing.

Why it matters

Stablecoin supply is the most honest read on where crypto capital is actually sitting. When one issuer compounds and another slips inside the same window, that is a rotation, not noise. RLUSD's native rails run through the XRP Ledger, which means every dollar of net new supply is a dollar routed through infrastructure Ripple controls.

That is a structural tailwind for XRP liquidity that BTC and ETH pairs don't get from USDT or USDC growth. The AMBCrypto framing ties this directly to XRP and ETH's recent breakout. If RLUSD keeps compounding at anything close to this pace, the market has to start pricing a second liquidity pool for XRP that didn't meaningfully exist a year ago.

Ripple's RLUSD Supply Jumps 30% in a Month as USDT Loses Ground, XRP Liquidity Picture Shifts

What happened

Why it matters

Market impact

What to watch

Disclaimer

Key takeaways

Frequently asked

Sources