XRP Ledger Records Second-Highest RWA Inflow

XRP Ledger recorded the second-highest inflow of tokenized real-world assets (RWAs) among all blockchain networks. Over six months, the value of new RWAs—excluding stablecoins—reached $2.6 billion.

Only BNB Chain performed better, attracting $3 billion. Stellar ranked third with $2.1 billion, approximately $500 million less than XRPL.

Despite this rapid growth, XRPL still accounts for just 1% of the global RWA market, which is valued at $417 billion. When stablecoins are included, the total value of assets on XRP Ledger rises to $5.376 billion. Stablecoins alone—including RLUSD and assets issued by Braza—have a combined market capitalization of $995 million.

At the beginning of 2026, XRP Ledger held less than $1 billion in RWAs. The figure stood at $897 million on January 1 before exceeding $1.8 billion by the end of the month. Over the following six months, the network added another $2.6 billion.

The growth was primarily driven by three assets: Justoken’s JMWH energy product, CRX Digital Assets’ credit product, and Ripple’s RLUSD stablecoin. JMWH holds the largest share, with a value of $2.229 billion—equivalent to 50.8% of the entire RWA market on XRP Ledger.