By Isaac • September 12, 2026 7:13 pm •
The XRP Ledger now has more than $1.1 billion in tracked stablecoins, and its decentralized-exchange activity has accelerated with it. That is real progress.
It is also where the harder question for XRP begins.
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More dollars on XRPL create more opportunities for payments, trading and liquidity. They do not automatically prove that those flows are creating durable demand for XRP itself.
CryptoSlate reviewed the latest ledger and market data and found tracked XRPL stablecoin value at $1.126 billion on September 11. That was up 22.2% from $921.9 million on August 12.
The latest complete 30-day window also showed $253.1 million in XRPL DEX volume, compared with $100.4 million in the preceding period. The shorter seven-day window
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