XRP Dips 15% as Stablecoin Supply on XRPL Surges

TheNewsCryptoPublicado a 2026-01-10Actualizado a 2026-01-10

Resumen

XRP's price declined by approximately 15% to $2.09 on January 9, retreating from its yearly high. Meanwhile, the supply of stablecoins on the XRP Ledger has surged significantly, rising 33% in the past week to over $406 million—a substantial increase from $93 million during the same period last year. This growth is largely driven by Ripple USD (RLUSD), which saw a 42% monthly increase, reaching $332 million in supply. RLUSD, launched in December 2024, has become one of the largest stablecoins with a total supply of $1.4 billion, primarily on Ethereum. Despite XRP's recent price dip, its 50-day exponential moving average remains bullish. Additionally, U.S. investor demand is growing, with XRP ETFs witnessing net inflows boosting total assets to $1.49 billion.

XRP saw a significant slip to $2.09 on January 9, marking around a 15% low from its highest point of this year. The data from DeFi Llama reveals that the supply of stablecoins in XRP Ledger has continuously risen this year.

It has witnessed a 33% jump in the past week to more than $406 million, which stood at $93 million in the same period of the last year. The growth can be heavily attributed to the Ripple USD coin, whose supply surged by 42% in the past month and stood at $332 million.

The other prominent stablecoins in the industry are OpenEden, Tbill, USD Coin and EURQ. Stablecoins, majorly supported by fiat currencies, have become prominent players in the payment industry.

Data reveals that there are more than $308 billion worth of stablecoins in circulation in the current scenario, which will grow further.

The Positioning of the Biggest Stablecoin

Ripple USD was introduced in December 2024, and it has now positioned itself to be one of the biggest stablecoins, having an overall supply of $1.4 billion. A large portion of the supply contains Ethereum (ETH), which is the most used chain for stablecoin transactions.

The supply has high chances of surging as Ripple goes beyond the layer-2 networks like Base and Optimism. XRP is also witnessing an increased demand from American investors, who accumulated ETFs estimated at more than $8.7 million on January 8 after removing $40 million in assets a day before.

The overall inflow in XRP ETFs has surged to $1.21 billion, and the net assets have shifted to $1.49 billion. The daily timeframe chart reveals that the price of XRP has retreated in the last few days, shifting from a high of $2.4153 on January 6 to $2.09 on January 9.

Its 50-day exponential average remains on the positive side, revealing a bullish sign, and it was also above the Supertrend indicator.

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Preguntas relacionadas

QWhat was the percentage drop in XRP's price on January 9th, and what was the new price?

AXRP dropped approximately 15% to $2.09 on January 9th.

QHow much has the stablecoin supply on the XRP Ledger grown in the past week, and what is the total value?

AThe stablecoin supply on the XRP Ledger grew by 33% in the past week to more than $406 million.

QWhich stablecoin is heavily attributed to the growth on the XRPL, and by how much did its supply surge in the past month?

AThe Ripple USD (RLUSD) stablecoin is heavily attributed to the growth, with its supply surging by 42% in the past month to $332 million.

QWhat is the total supply of Ripple USD (RLUSD) and on which blockchain is a large portion of its supply held?

ARipple USD has an overall supply of $1.4 billion, with a large portion of its supply held on the Ethereum (ETH) blockchain.

QWhat does the 50-day exponential moving average indicate for XRP's price action?

AThe 50-day exponential moving average remains on the positive side, revealing a bullish sign for XRP.

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