XRPL Grabs Third Place in Weekly Stablecoin Expansion
Key Summary
XRP Ledger ranked third globally in weekly stablecoin capitalization growth by capturing $58.3M in net inflows over a seven-day period. RWA Foundation reports showed Arc claimed first place with $252.2M in inflows while Tempo secured second place with $98.2M. Technical governance upgrades on XRPL faced delays as the Sponsor amendment stalled with only nine validator votes.
Key Bullets
- XRP Ledger secured third place globally in weekly stablecoin capitalization growth by capturing $58.3M in net inflows according to RWA Foundation metrics.
- Circle infrastructure network Arc topped the global weekly rankings by attracting $252.2M in new stablecoin liquidity for automated settlements.
- Payment network Tempo claimed second place with $98.2M in weekly capital inflows driven by transaction volume in Open USD.
- Technical upgrades aimed at reducing corporate wallet creation costs on XRPL stalled as the required validator supermajority remained out of reach.
XRPL Secures Third Place in Stablecoin Growth
XRP Ledger climbed to third place in the global ranking of blockchain platforms by weekly stablecoin capitalization growth after capturing $58.3M in net capital inflows over seven days. Official weekly reports published by the RWA Foundation based on Token Terminal data confirmed the metric. The inflow followed a sharp pullback recorded on October 22 when XRPL stablecoin capitalization dropped 13.19% to $999.9M after Ripple moved portions of its RLUSD supply to Ethereum. Liquidity returned to the ledger.
XRP Ledger outpaced rival networks such as TON, which recorded $9.6M in weekly inflows, and Polygon, which attracted $9.4M over the same reporting window. Capital flowed back into the network rapidly. Trading desks tracked the shift closely.
Arc and Tempo Dominate Weekly Inflow Rankings
Specialized infrastructure network Arc, launched by Circle for automated settlements of AI agents and smart contracts, claimed the top spot in the global ranking. Stablecoin balances inside Arc surged by $252.2M over the week, more than doubling the performance of competing chains. Payment blockchain Tempo took second place after recording $98.2M in capital inflows. Stripe and Paradigm backed the Layer 1 network. Commercial merchant settlements drove the volume higher.
Growth across Tempo centered on liquidity entering the network base stablecoin Open USD. Corporate B2B automated settlement layers captured the lion share of institutional stablecoin deployment. Funds moved across networks aggressively.
Sponsored Account Upgrades Stall on XRPL
Technical testing of the SponsoredAccountCreate update continued across the XRPL ecosystem despite shifting liquidity metrics. The feature aims to cut corporate onboarding costs by allowing companies to mass-create client wallets without freezing a mandatory starting balance of 1 XRP. The underlying Sponsor amendment required to activate the feature held only nine validator votes as of October 29. The count missed the required supermajority by a wide margin.
Validators withheld support. Developers awaited further consensus signals from the network.
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