Networks · Public, permissionless

XRP Ledger

Public decentralised ledger used for payments and token issuance. Validators agree the order and outcome of transactions every three to five seconds; anyone can run a validator, and Ripple is one of many contributors and runs one validator on the default list.

Profile sources[1][2]

24Deployments
139Organisations
Announced 1Pilot 1Live (limited) 16Live (scaled) 6

Deployments on XRP Ledger

Each row is a sourced claim on that deployment's record that it runs on XRP Ledger. Balances are shown where a source gives one for this network.

DeploymentStatusAssetsHeld here Evidence Last reviewed
Ripple USD (RLUSD)Live (scaled)~$884.32m[3]
7 Nov 2026
A DefiLlama, 11 Oct 2026[3]Reviewed 13d ago
Aviva Investors Sterling Liquidity Fund tokenised share class (XRP Ledger)Live (limited)~$66.7m[4]
26 Oct 2026
B Ripple, 26 Oct 2026[4]Reviewed today
Franklin OnChain U.S. Dollar Short-Term Money Market Fund (sgBENJI)Live (limited)$48.33m[6]
11 Oct 2026
B DBS, 18 Sep 2025[5]Reviewed 1d ago
Guggenheim Treasury Services Digital Commercial Paper (DCP)Live (limited)$40.36m[8]
16 Oct 2026
B Ripple, 10 Jun 2025[7]Reviewed 21d ago
OpenEden TBILL FundLive (scaled)~$20.92m[9]
11 Oct 2026
A RWA.xyz[9]Reviewed 1d ago
SG-FORGE EUR CoinVertible (EURCV)Live (limited)~€10m[11]
7 Nov 2026
B Societe Generale-FORGE, 18 Feb 2026[10]Reviewed 25d ago
Circle USD Coin (USDC)Live (scaled)~$5.04m[12]
7 Nov 2026
A DefiLlama, 11 Oct 2026[12]Reviewed 13d ago
abrdn Liquidity Fund (Lux) tokens via ArchaxLive (limited)$5m[13]
25 Nov 2024
B Ripple, 25 Nov 2024[13]Reviewed 12d ago
Quantoz EURQ euro stablecoinLive (limited)~€1m[15]
7 Nov 2026
B Quantoz[14]Reviewed 25d ago
Quantoz USDQ dollar stablecoinLive (limited)~$1m[16]
7 Nov 2026
B Quantoz[14]Reviewed 25d ago
Schuman Financial EURØP euro stablecoinLive (limited)~€338,189[18]
7 Nov 2026
B Schuman Financial[17]Reviewed 25d ago
AUDD Australian dollar stablecoinLive (limited)~A$315,329[20]
7 Nov 2026
A AUDC Pty Ltd and William Buck, 5 Oct 2026[19]Reviewed 21d ago
XSGD Singapore dollar stablecoinLive (scaled)~S$10,000[22]
7 Nov 2026
B StraitsX[21]Reviewed 25d ago
Ondo Short-Term US Government Bond Fund (OUSG)Live (scaled)—B Ripple, 28 Jan 2025[23]Reviewed 11d ago
Ripple Payments cross-border settlement
RLUSD is issued on the XRP Ledger and Ethereum; Ripple does not say which chains carry Payments flows.
Live (scaled)—B Ripple[24]Reviewed 1d ago
Archax beneficial ownership tokens on State Street, Fidelity International and LGIM money market funds
Named for launch; no token on it confirmed.
Live (limited)—C Markets Media, 21 Nov 2024[25]Reviewed 12d ago
Aviva Investors US Dollar Liquidity Fund tokenised share class (XRP Ledger)Live (limited)—C Treasury Management International, 29 Jul 2026[26]Reviewed 24d ago
Circle Payments Network (CPN)Live (limited)—B Circle[27]Reviewed 1d ago
Justoken Enertoken electricity tokens (JMWH) for YPF LuzLive (limited)—B Justoken, Mar 2026[28]Reviewed 13d ago
Mastercard stablecoin settlement for issuers, acquirers and merchantsLive (limited)—B Mastercard, Jun 2026[29]Reviewed 13d ago
PRYPCO Mint tokenised property title deeds
Ripple says the DLD project's tokenised title deeds are issued on the XRP Ledger; PRYPCO Mint is that project's pilot platform (khaleej-prypco-may-2025).
Live (limited)—B Ripple, 16 Jul 2025[30]Reviewed 17d ago
Tokenized Phillip USD Money Market Fund (tMMF-USD)Live (limited)—B Phillip Securities (POEMS), Feb 2026[31]Reviewed 21d ago
Billiton Diamond tokenised diamond inventory (Ctrl Alt, XRP Ledger)Pilot—C The Fintech Times, 10 Feb 2026[32]Reviewed 13d ago
LMAX Group RLUSD collateral and settlement integration
Named for the Standard Chartered custody and mirroring step; the January 2026 release names no ledger.
Announced—B LMAX Group, 12 Oct 2026[33]Reviewed 26d ago

Sources

  1. [1]XRPL Overview — XRP Ledger Foundation. Accessed 11 Oct 2026.B
  2. [2]History — XRPL.org. Accessed 13 Oct 2026. States the XRP Ledger first launched in June 2012..B
  3. [3]RLUSD stablecoin data (API) — DefiLlama, 11 Oct 2026. Accessed 11 Oct 2026.A
  4. [4]Aviva Investors expands its tokenised offering with the launch of a Sterling Liquidity Fund tokenised share class — Ripple, 26 Oct 2026. Accessed 8 Nov 2026.B
  5. [5]DBS and Franklin Templeton to launch trading and lending solutions powered by tokenised money market funds and Ripple's RLUSD stablecoin — DBS, 18 Sep 2025. Accessed 11 Oct 2026.B
  6. [6]sgBENJI asset page — RWA.xyz. Accessed 11 Oct 2026.A
  7. [7]Guggenheim Treasury Services Taps Zeconomy Platform to Issue Digital Commercial Paper on the XRP Ledger — Ripple, 10 Jun 2025. Accessed 18 Oct 2026.B
  8. [8]Guggenheim Treasury Services DCP asset page — RWA.xyz. Accessed 18 Oct 2026.A
  9. [9]TBILL asset page — RWA.xyz. Accessed 11 Oct 2026.A
  10. [10]CoinVertible on the XRP Ledger — Societe Generale-FORGE, 18 Feb 2026. Accessed 11 Oct 2026.B
  11. [11]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
  12. [12]USDC stablecoin data (API) — DefiLlama, 11 Oct 2026. Accessed 11 Oct 2026.A
  13. [13]Archax Provides Access to abrdn Money Market Fund on the XRP Ledger in Collaboration With Ripple — Ripple, 25 Nov 2024. Accessed 11 Oct 2026.B
  14. [14]Electronic Money Tokens | EURQ, USDQ & GBPQ | Quantoz — Quantoz. Accessed 14 Oct 2026. Issuer's token page: networks and contract identifiers for EURQ, USDQ, GBPQ (deployed, none in circulation) and PLNQ (deployed); lists Xahau for EURQ only (checked 2026-10-18)..B
  15. [15]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
  16. [16]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
  17. [17]Smart Contracts - Schuman Financial | EURØP — Schuman Financial. Accessed 14 Oct 2026.B
  18. [18]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
  19. [19]AUDC Pty Ltd (AUDC) - Report of factual findings in respect of AUDD reserves — AUDC Pty Ltd and William Buck, 5 Oct 2026. Accessed 18 Oct 2026. Agreed-upon procedures report by William Buck on AUDC's reserve statement as at 30 September 2026 (bank statements and on-chain amounts agreed without exception)..A
  20. [20]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
  21. [21]XSGD | Singapore Dollar Stablecoin by StraitsX — StraitsX. Accessed 14 Oct 2026.B
  22. [22]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
  23. [23]Ondo Finance Brings 24/7 Access to Tokenized U.S. Treasuries on the XRP Ledger — Ripple, 28 Jan 2025. Accessed 11 Oct 2026.B
  24. [24]Ripple USD (RLUSD) — Ripple. Accessed 11 Oct 2026.B
  25. [25]Archax Increases Tokenized Funds — Markets Media, 21 Nov 2024. Accessed 27 Oct 2026. Reports Archax's release, quoting its description of beneficial ownership tokens minted by Archax representing clients' holdings in the funds..C
  26. [26]Aviva Investors Launches Tokenised Liquidity Fund Share Class in Partnership with Ripple — Treasury Management International, 29 Jul 2026. Accessed 15 Oct 2026. Carries the content of Aviva Investors' release (the issuer's own newsroom refuses automated fetches)..C
  27. [27]CPN supported blockchains — Circle. Accessed 11 Oct 2026.B
  28. [28]YPF Luz and Justoken announce one of the world’s largest tokenized energy asset projects on the XRP Ledger — Justoken, Mar 2026. Accessed 26 Oct 2026.B
  29. [29]Mastercard expands settlement capabilities — Mastercard, Jun 2026. Accessed 11 Oct 2026.B
  30. [30]Ripple Expands Global Custody Footprint into Middle East with Ctrl Alt — Ripple, 16 Jul 2025. Accessed 22 Oct 2026.B
  31. [31]Tokenized Phillip USD Money Market Fund (I Class) - Tokenization Fact Sheet, February 2026 — Phillip Securities (POEMS), Feb 2026. Accessed 14 Oct 2026.B
  32. [32]Billiton Diamond and Ctrl Alt Pioneer UAE Commodity Tokenisation with $280m Diamond Initiative — The Fintech Times, 10 Feb 2026. Accessed 26 Oct 2026.C
  33. [33]LMAX Group, Ripple and Standard Chartered plan RLUSD collateral integration as Standard Chartered launches RLUSD custody — LMAX Group, 12 Oct 2026. Accessed 13 Oct 2026.B

xrpl.org