Ripple's stablecoin RLUSD now holds more liquidity on the XRP Ledger ($801 million) than Ethereum ($795 million) for the first time. When Ripple minted $225 million of new RLUSD in early July, 77% went to the XRP Ledger, signaling deliberate liquidity migration back to its native chain.
For the first time ever, Ripple's stablecoin lives more on the XRP Ledger than Ethereum. $801 million versus $795 million. Most people will scroll past that as a marketing stat. It is not. Here's the question that matters. When Ripple minted $225 million new dollars in the first 48 hours of July, which chain did it choose? 77% went to the XRP Ledger. That is a routing decision. Liquidity moves in before usage shows up. The money is moving home. That is the signal. Comment webinar and I'll give you information about my free live that I'll be doing.
