Chains / XRP Ledger
XRP Ledger
#14 of 33 networks by measured capital
$1.28B
0.4% of all measured capital · 4 instruments · 4 issuers
Tokenized treasuries 17%Stablecoins 83%
As of 2026-09-14, OnChain Benchmark measures $1.28B of tokenized capital on XRP Ledger, across 4 instruments from 4 issuers. Every figure is read from the chain — nothing is estimated.
01 · Tokenized treasuries
$213.34M — 16.7% of XRP Ledger
2 instruments
| Instrument | Measured on XRP | Share of chain |
|---|---|---|
OUSGOndo Short-Term U.S. Government Bond Fund Ondo Finance | $191.10M | 15.0% |
TBILLOpenEden T-Bills OpenEden Labs | $22.24M | 1.7% |
02 · Stablecoins
$1.06B — 83.3% of XRP Ledger
2 instruments
| Instrument | Measured on XRP | Share of chain |
|---|---|---|
RLUSDRipple USD Ripple (Standard Custody & Trust Co.) | $1.05B | 82.5% |
EURCVEUR CoinVertible sg_forge | $10.00M | 0.8% |
Coverage
What this figure does — and doesn’t — include.
We count a deployment only when we can read its supply onchain and value it with a real price. Figures are measured, not estimated.
Every instrument we track on XRP Ledger is included in the figure above.
Methodology: how we measure · the full rated universe · chain quality ranking