XRP Ledger Tops RWA League Table. Here’s What It Means
Main Idea
The XRP Ledger has recorded the highest percentage growth in real-world assets (RWAs) among blockchains, driven by Ripple's RLUSD stablecoin and developments from EasyA Labs.
Key Points
1. The XRP Ledger saw a 32.27% increase in RWAs over the past 30 days, reaching a total value of $243.2 million with only nine listed RWAs.
2. Arbitrum ranked second with a 19.47% increase and 113 RWA listings valued at $8.45 billion, followed by Plume with a 12.62% increase and 107 listings at $246.2 million.
3. Phil Kwok attributed the XRP Ledger's growth to Ripple's RLUSD stablecoin, which is becoming the preferred settlement layer, and upcoming developments from EasyA Labs.
4. The ledger's growth rate outpaces larger networks, suggesting potential for significant expansion in RWA market share in the near term.
Description
Phil Kwok, co-founder of EasyA, has highlighted the rapid expansion of real-world assets (RWAs) on the XRP Ledger . In a post on X, Kwok described the growth as “very impressive” and noted that the ledger has seen the fastest increase in RWAs compared to any other blockchain. He attributed this surge to Ripple’s RLUSD stablecoin and added that developments underway at EasyA Labs are expected to push growth even further. Data from the RWA league table attached to his post shows the XRP Ledger ran...
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