Ripple Leads Stablecoin Issuers With $258.2 Million Growth in 30 Days
Key Takeaways
- •Ripple's stablecoin market capitalization rose by $258.2 million over the last 30 days, the largest expansion among stablecoin issuers for the period.
- •RWA Foundation data dated November 12, 2026, ranked Ripple first among stablecoin issuers based on fixed-period supply growth.
- •Ripple's RLUSD, a US dollar-pegged stablecoin, launched in December 2024 following approval from the New York Department of Financial Services.
- •Established issuers Tether and Circle have long led the stablecoin sector, with newer entrants often pursuing regulatory approval to differentiate their tokens.
- •Because stablecoin supply is publicly trackable and increases only through minting, future RWA Foundation updates will show whether Ripple's period-leading growth persists.

Ripple, the San Francisco-based blockchain company tied to the XRP token, posted the fastest stablecoin expansion in the industry over the past 30 days, adding $258.2 million to its stablecoin market capitalization.
Data published by the RWA Foundation placed the company first among stablecoin issuers for the period, according to the report dated November 12, 2026. Fixed-period supply comparisons like this one draw attention from market observers because stablecoin balances are publicly trackable, giving the ranking a transparent benchmark for how issuers are competing for circulation.
Background on Ripple's Stablecoin Business
Ripple entered the stablecoin market with Ripple USD (RLUSD), a US dollar-pegged stablecoin that launched in December 2024 after receiving approval from the New York Department of Financial Services. Stablecoins are digital tokens designed to maintain a stable value against a reference asset, most commonly the US dollar, and are widely used in cryptocurrency markets for trading settlement, payments, and liquidity management.
The broader stablecoin sector has long been led by established issuers such as Tether (USDT) and Circle (USDC), and newer entrants like RLUSD have typically pursued regulatory approval as a way to distinguish their tokens, an approach reflected in Ripple's NYDFS review before launch.
Stablecoin market capitalization — the combined value of an issuer's outstanding tokens — is a commonly tracked measure of scale in the sector, and changes in supply over fixed periods such as 30 days are used to compare growth across issuers. Because new tokens enter circulation only when they are minted, ranking movements are often treated as one indicator of changing issuance activity, and future RWA Foundation updates alongside public RLUSD supply data offer readers a way to follow whether the period's lead persists in subsequent reports.
This content was first published on COINOTAG: https://en.coinotag.com/ripple-xrp-stablecoin-growth-258-million