According to Evernorth Holdings, approximately 92% of the $1.65 billion in Ripple USD (RLUSD) swapped on the XRP Ledger's native decentralized exchange during 2026 traded directly against XRP, representing roughly $1.52 billion in XRP trading volume. The remaining $132 million involved other trading pairs.

Evernorth's research also revealed a significant shift toward stablecoin-denominated markets on XRPL. Stablecoins and fiat-backed assets accounted for 10.5% of XRP trading volume in 2024, increased to 50% in 2025, and reached 86% during 2026.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.