XRP 30% rebound meets $4.6M AMM as XRPL stablecoins hit $1.126B

At a Sept. 11 snapshot, XRP traded near $1.32 after an 8.7% decline over the prior seven days and a 29.7% gain over 30 days. Data tracking the ledger’s pegged assets showed stablecoin supply on the ledger rising from $921.9 million on Aug. 12 to $1.126 billion on Sept. 11, a 22.2% increase. Decentralized-exchange volume on the ledger reached $253.1 million for the most recent complete 30-day window, up 152.1% from the preceding 30 days. Seven-day DEX volume fell to $30.6 million from $41.1 million the prior week, a 25.4% decline.

At validated ledger 106912297, an XRP/RLUSD automated market maker held about 1.724 million XRP and 2.288 million RLUSD. Valuing XRP at $1.32 and RLUSD at $1 yields a combined pool value of roughly $4.56 million, or about $4.6 million when rounded. That combined value represents about 0.41% of the $1.126 billion stablecoin total. The figure describes one observed pool at one moment and does not indicate the pool’s rank among all XRP/RLUSD venues or how often other venues or payment flows use XRP.

On the ledger, auto-bridging can route trades between two issued tokens through XRP when the bridged route offers a better exchange rate than a direct issued-token pair. Orders can combine direct and auto-bridged liquidity. Ordinary payment transactions do not auto-bridge by default, though pathfinding can discover similar routes.

Transaction fees on the ledger begin at a standard minimum of 10 drops (0.00001 XRP) before any load-based scaling. That fee is destroyed and, at the observed XRP price, represents only a tiny fraction of a cent.

Ripple reported about 2.3956 billion RLUSD in total circulation as of Sept. 3. A ledger query on Sept. 11 showed about 1.0315 billion RLUSD of issuer obligations on the ledger. Because those observations are not simultaneous, the ledger figure is a scale marker rather than a precise allocation of the circulating total.

Available datasets report stablecoin supply, DEX turnover and snapshot pool reserves, but they do not disclose the share of trade flow that actually uses XRP or how long liquidity providers hold XRP positions. Those limits affect how the reported supply and turnover figures can be mapped to XRP routing or inventory over time.