Bearish for XRP
RLUSD Displacing XRP Payment Flows
Stable
Steady attention in XRP coverage, without a clear trend.
Updated 14 October 2026
The bearish argument: RLUSD stablecoin issuance is growing organically while XRP price remains stagnant, indicating that institutions prefer a non-volatile settlement asset for cross-border payments over a volatile bridge asset. The stablecoin's design for enterprise-grade payments gives it a direct advantage in capturing the institutional use cases that XRP was originally positioned to serve.
What changed?
Not in yesterday’s coverage · 0.7% of XRP coverage today
The idea itself is not new: the recorded share reached 2.2% on 10 September. Renewed coverage does not necessarily mean new evidence.
How attention has changed
0.7% of XRP coverage
Rolling 3-day share · as of 14 Oct 2026
This measures attention in published coverage, not the likelihood of a price move.
| Date | Share of coverage |
|---|---|
| 2026-09-15 | 0% |
| 2026-09-16 | 0% |
| 2026-09-17 | 0% |
| 2026-09-18 | 0% |
| 2026-09-19 | 0.7% |
| 2026-09-20 | 0.6% |
| 2026-09-21 | 0.6% |
| 2026-09-22 | 0% |
| 2026-09-23 | 0% |
| 2026-09-24 | 0% |
| 2026-09-25 | 0% |
| 2026-09-26 | 0% |
| 2026-09-27 | 1.1% |
| 2026-09-28 | 0.8% |
| 2026-09-29 | 2.1% |
| 2026-09-30 | 0.9% |
| 2026-10-01 | 0.6% |
| 2026-10-02 | 0% |
| 2026-10-03 | 0% |
| 2026-10-04 | 0% |
| 2026-10-05 | 0% |
| 2026-10-06 | 0% |
| 2026-10-07 | 0% |
| 2026-10-08 | 0% |
| 2026-10-09 | 0% |
| 2026-10-10 | 1.2% |
| 2026-10-11 | 0.9% |
| 2026-10-12 | 0.6% |
| 2026-10-13 | 0% |
| 2026-10-14 | 0.7% |
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The argument and its evidence
Several outlets can carry the same argument; no single article is its origin. Read each one in its own context.
Recent coverage
-
U.Today · Published 13 Oct 2026
Moving Past XRP: Standard Chartered's RLUSD Launch Signals New Ripple Era
In coverage record: 14 Oct 2026
“While the XRP price stagnates, RLUSD issuance is showing strong organic growth.”
Read article -
CryptoSlate · Published 9 Oct 2026
XRP demand depends on routing beyond XRPL’s stablecoin base
In coverage record: 10 Oct 2026
“DefiLlama's XRPL dashboard showed Ripple's dollar stablecoin RLUSD accounting for 93.17% of tracked stablecoins.”
Read article
Earlier coverage
-
CoinGape · Published 28 Sep 2026
Ripple Eyes $155T Cross-Border Market as XRP Bulls Revive SWIFT-Replacement Narrative
In coverage record: 29 Sep 2026
“As RLUSD's market cap nears $2.5 billion, more settlement flows on the XRP Ledger are denominated in stablecoins, not XRP itself.”
Read article -
CoinGape · Published 26 Sep 2026
XRP News: Ripple USD Hits Fresh Market Cap ATH Near $2.5B While XRPL Stables Jump 6%
In coverage record: 27 Sep 2026
“Reserve, regulatory, and redemption risk all sit with Ripple and Standard Custody, not with XRP holders.”
Read article -
Crypto Breaking News · Published 18 Sep 2026
Bitwise CIO Reverses Clarity Warning As Bitcoin Rally Defies Setback
In coverage record: 19 Sep 2026
“XRP recorded a sharper reaction than Bitcoin after the failed Senate vote, showing that policy risk still affects altcoins.”
Read article -
Crypto News · Published 9 Sep 2026
XRP fell 27% while RLUSD crossed $2.3 billion and nobody blinked
In coverage record: 10 Sep 2026
“A payment processor choosing between a bridge asset that lost 27% this year and a stablecoin pegged to one dollar will choose the stablecoin every time. Not because XRP is broken, but because the stablecoin removes a category of risk that no amount of speed can compensate for.”
Read article