XRPL Stablecoin Supply Drops as Network DEX Activity Rises
The XRP Ledger’s tracked stablecoin capitalization fell by about $79 million over seven days despite a 29% increase in DEX trading volume.
The XRP Ledger’s tracked stablecoin capitalization fell by about $79 million over seven days despite a 29% increase in DEX trading volume. XRP (XRP) is trading at $0.9573, down 1.0% since this brief published. This is an original TLT brief based on reporting by The Crypto Basic, with live market data added, as of Sun, 15 Nov 2026 19:15:02 UTC.
The divergence indicates that greater trading activity did not translate into more stablecoin liquidity on the XRP Ledger. Traders and users dependent on the network’s stablecoin markets are therefore operating amid a shrinking pool of network-held value.
- XRPL tracked stablecoin capitalization fell about $79 million over seven days
- The balance stood at $908.21 million, down 8.01% weekly
- Seven-day DEX trading volume rose 29%
- XRP fell 2.22% over 24 hours and 16.57% over seven days
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- XRP Exchange Supply Rises to an Annual High as Long-Held Coins Remain
- XRPL Stablecoin Supply Drops as Network DEX Activity Rises — this brief
The Crypto Basic reports that the 
XRP Ledger’s tracked stablecoin market capitalization contracted by approximately $79 million over a seven-day period. Citing DeFiLlama figures dated November 13, the outlet put the balance at $908.21 million, representing an 8.01% weekly decline.
Trading activity moved in the opposite direction during the same period. Seven-day decentralized exchange volume on the XRP Ledger increased by 29%, according to the report, showing that higher DEX turnover coincided with a reduction in the stablecoin balance tracked on the network.
The source attributes the stablecoin and volume figures to DeFiLlama. No additional outlet coverage was supplied, so the $79 million contraction, 8.01% decline and 29% volume increase cannot be independently corroborated within this brief. The figures nevertheless describe a clear divergence between network liquidity and exchange activity rather than a broad decline in trading.
The broader crypto market was also under pressure. Total market capitalization stood at $2.28T, the overall market was broadly down, and 
Bitcoin was down 1.71% over 24 hours. XRP traded at $0.967103, down 2.22% over 24 hours and 16.57% over seven days, with a market capitalization of $61.45B. The Fear & Greed Index stood at 10, labelled Extreme Fear. Continued updates to XRPL stablecoin balances and DEX turnover will determine whether the divergence between liquidity and activity persists.
Since this brief published about 6 hours ago, XRP (XRP) has moved from $0.9671 to $0.9573 — -1.02%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,353.57 (about $0.9573), up 0.4% over 24 hours. The naira itself trades about 4.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 15, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
XRPL Stablecoin Supply Drops as Network DEX Activity Rises — questions & answers
How much did XRPL stablecoin capitalization decline?
Tracked stablecoin capitalization fell by approximately $79 million over seven days to $908.21 million, an 8.01% weekly decline.
What happened to XRP Ledger DEX trading volume?
Seven-day DEX trading volume increased by 29%, even as the network’s tracked stablecoin balance declined.
How was XRP performing during this period?
XRP traded at $0.967103, down 2.22% over 24 hours and 16.57% over seven days.
How much is 1 XRP worth in naira today?
About ₦1,353.57 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9573. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 1.02% since this brief first published — trading at $0.9573 now versus $0.9671 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Crypto Basic. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.