RLUSD supply on Ethereum has surpassed the XRP Ledger for the first time since mid-2026, with 93% growth in 30 days. Total RLUSD supply now stands at approximately $2.37 billion, with $1.33 billion on Ethereum (56.1%) and $1.04 billion on XRPL (43.9%). Over the 30-day period, roughly $1.39 billion in RLUSD was minted while $606.8 million was burned, producing net growth of $303.7 million with 84% absorbed by Ethereum. The largest concentration on Ethereum sits in Aave lending contracts holding approximately $330 million. Average holder balances on Ethereum stand at around $106,000 versus $15,000 on XRPL, illustrating the institutional tilt dominating on the Ethereum network.
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