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Stock impact report

Why Ripple's RLUSD Growth Highlights Ethereum, Not XRPL, as the Real Winner [Yahoo! Finance]

VivoPower International PLC - Ordinary Shares (VVPR) 
US:NASDAQ Investor Relations: vivopower.com/shareholders
Company Research Source: Yahoo! Finance
Ripple's RLUSD surged to a market capitalization of nearly $789 million, cementing itself as one of the fastest-growing assets in 2025. Launched in late 2024 to power cross-border payments, tokenization, and DeFi applications, the US dollar stablecoin has attracted major institutional players like DBS and Franklin Templeton. Yet beneath the headline growth lies the overlooked reality that most of RLUSD's supply lives on Ethereum, not the XRP Ledger (XRPL). Ethereum Dominates RLUSD Supply According to DefiLlama, more than $700 million of RLUSD or about 88% of its total supply, sits on Ethereum. Meanwhile, less than $90 million circulates on XRPL, Ripple's native blockchain. Ripple's RLUSD on Ethereum vs. XRPL. Source: DefiLlama Despite Ripple's framing of XRPL as the core infrastructure for RLUSD, new issuances since early 2025 have almost exclusively launched on Ethereum. This shift has sparked unease among XRP holders who long believed that stablecoin adoption would dire Show less Read more
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