- Global XRP ETPs recorded $355.3 million in Q3 net inflows, lifting assets under management 65.2% to $3.32 billion.
- XRPL stablecoin supply rose 25.2% to $1.03 billion, with RLUSD accounting for 98.1% of the total and reaching $2.52 billion across all chains.
- XRPL tokenized RWA value increased 29.2% to $498.7 million, while native DEX volume climbed 20.2% to $614.8 million.
XRP’s institutional demand and network activity increased in Q3 2026, as global exchange-traded products attracted $355.3 million. Blockworks reported that XRP ETP assets under management reached $3.32 billion, while XRPL stablecoin supply climbed 25.2% to $1.03 billion. Meanwhile, tokenized real-world assets and decentralized exchange activity also expanded.
ETP Demand and Stablecoin Supply Increase
Global XRP ETPs recorded $355.3 million in net inflows, up 39.6% from $254.5 million in Q2. August and September contributed $316.4 million of the quarterly total. ETP assets under management increased 65.2% to $3.32 billion from $2.01 billion.
Bitwise led issuers with $787.1 million in quarter-end assets. 21Shares followed with $530.3 million, ahead of Franklin Templeton at $437 million. Canary Capital held $372.5 million, giving the four issuers 64% of total ETP assets.
Meanwhile, XRPL-native stablecoin supply rose from $825.5 million to $1.03 billion. RLUSD drove the increase, climbing 49.7% to $1.01 billion. It represented 98.1% of the ledger’s stablecoin supply, while its supply across all chains reached $2.52 billion. Stablecoin transfer volume also increased 39.5% to $14.09 billion.
Tokenized Assets Expand Through Institutional Projects
XRPL’s distributed tokenized real-world asset value increased 29.2% to $498.7 million. Represented RWA value also climbed 32.4% to $4.75 billion.
Aviva Investors and Ripple launched a tokenized share class of the Aviva Investors USD Liquidity Fund on July 29. BNY Mellon serves as custodian, while Komainu provides custody support and Licuido supplies tokenization infrastructure.
Additionally, CSD BR announced plans to mirror BTG Pactual investment fund shares on XRPL. The September 29 announcement covered an initial phase involving permissioned tokenized shares for corporate and banking clients.
Payment Activity and Network Development
XRPL payment volume increased 4.3% to 42.82 billion XRP, despite a 33.6% decline in payment transactions. Total network transactions fell 8.6% to 203.23 million. However, native DEX volume rose 20.2% to $614.8 million, with order-book trading accounting for 87.2%.
Ripple also received full MiCA authorization from Luxembourg’s financial regulator on July 6. The approval extended its regulated crypto payments product across all 30 European Economic Area countries.
