The XRP Ledger now holds $2.43 billion in tokenized real-world assets, a 71% jump over the past 30 days. That makes it the second-largest blockchain for RWAs behind Ethereum, according to data from RWA.xyz. Distributed RWA value — a measure of assets spread across different issuers — surged 121% in the same period.
CRX Digital Assets leads the pack
CRX Digital Assets holds the top spot on XRPL with 17 RWA products worth $590.5 million. That's a 458% increase in 30 days and accounts for nearly 40% of all distributed RWA value on the ledger. Ripple's RLUSD stablecoin sits second at $371.3 million, up 9%. Ondo Finance rounds out the top three with $323.3 million, a 46% gain. Braza Bank and Société Générale's FORGE also cracked the top eight, with FORGE at $11.7 million.
Tokenized Treasuries jump eightfold
Tokenized U.S. Treasury products on XRPL grew from roughly $50 million in 2025 to $418 million in 2026 — an eightfold increase. The broader trend mirrors the overall explosion in on-chain RWA: XRPL started last year with just $24 million in tokenized assets. Ripple executive Luke Judges suggested the real figure may be closer to $3.75 billion when factoring in assets from additional data sources.
Transfers and holders keep climbing
Thirty-day RWA transfer volume on XRPL reached $145.1 million, up 50%. Stablecoin transfer volume hit $1.93 billion, a 10% rise. Active RWA holders grew 26% to 48 addresses, and the network now hosts 301 distinct RWA products. The growth comes as Ethereum still dominates the space with over half of all tokenized assets globally.
