XRP News Today: Stablecoin Supply Drops as Ripple Adds Liquidity

XRP News Today: XRPL Supply Falls as Arf and Ripple Boost Liquidity

Two stories point in opposite directions. The amount of dollar-linked coins on the XRP Ledger just dropped 13% to below $1 billion. 

Yet the same day, a payments company named Arf announced it is bringing short-term working capital to the ledger with Ripple. 

XRP News Today covers both, checks them against the data, and asks whether the chart cared.

Fresh Price Update: The Coin Slips 1.96% to $1.31, With a Low Near $1.296

According to live market data, the coin was trading near $1.31, down 1.96% over 24 hours, after touching a low near $1.296 overnight.

Note: Cryptocurrency prices are highly volatile. Price and market data shown here is a snapshot at the time of writing and can change quickly. Always verify current figures before making financial decisions. This data is based on market conditions as of October 23, 2026.

Source: CoinMarketCap Live Data

The chart opened near $1.346 and slid to about $1.33 by the afternoon. Around 10 PM on the chart’s clock, it dropped again to about $1.31. 

It then hit its low near $1.296 around 2:20 AM, which is about 3.7% below the open. This morning it bounced to about $1.32 and now sits near $1.31. 

Volume fell more than 27%, so the slide happened on quieter trading. Readers following XRP news today should note that the coin has drifted lower even as two ledger stories made headlines.

Story One: XRPL’s Stablecoin Supply Falls 13% Below $1 Billion

A stablecoin is a digital coin designed to hold a steady value, usually one dollar. 

According to a post from BSC News, the XRP Ledger’s stablecoin supply fell 13% over the past week to below $1 billion. 

The post adds that the ledger is still the 12th largest chain by stablecoin supply, just ahead of Aptos in 13th place.

Source: DefiLlama chain rankings

The DefiLlama data, as of October 22, confirms the drop:

Here is what stands out:

• The fall is almost entirely one coin. RLUSD makes up about 91% of the supply and lost more than 14% in a week.

• It is not a loss of trust. RLUSD still trades at $1, so the price held steady while the supply shrank.

• A few smaller coins exist, including one worth $72.77M, but none comes close.

• No source explains why the supply fell. Supply can drop when coins are redeemed or moved to other networks, but the data does not say which.

The 12th-place claim is hard to check. DefiLlama’s menu lists the ledger right before Aptos, which fits the post, but we could not confirm the exact rank.

Story Two: Arf and Ripple Bring Settlement Liquidity to the XRP Ledger

Here is the plain-language version. Payment companies often need cash on hand in many countries to fund transfers while they wait for the money to settle. 

That cash is called settlement liquidity. According to Arf’s official announcement, Arf and Ripple are bringing RLUSD-powered short-term working capital to licensed cross-border payment companies on the ledger. 

Source: Ripple on X

Source: Arf posted its own thread

• Who: Arf, a Swiss-regulated company based in Zug, says it has grown to about $10 billion in yearly settlement volume since launching in November 2022, with its capital turning over four times a month.

• First phase: Arf provides direct RLUSD working capital on the ledger. These short loans are typically repaid within one to five days as payments settle, so the same money can be reused.

• Next phase: Arf plans to move more of this activity to the ledger’s own lending tools once they go live. These are single asset vaults, which pool money, and a lending protocol, which hands it out as loans.

• A caution: those tools are only proposals for now. The announcement says they are subject to the ledger’s amendment process, so they are not live yet.

Arf also gives its view on what this means for the coin. Transactions require small fees paid in the coin, and accounts must hold a small reserve, so more lending could create recurring use. That is Arf’s own view, not a demand estimate.

What to Watch Next

• Whether the ledger’s stablecoin supply keeps falling or steadies near $1 billion.

• Updates on the lending tools going live, since Arf’s next phase depends on them.

• Binance’s RLUSD holding campaign , which starts October 23 and could affect demand for the stablecoin.

• Whether the coin holds above this morning’s low near $1.296.

Conclusion

One story shows a shrinking supply of dollar coins on the ledger, and the other shows a new way to put those coins to work. 

Together they paint a mixed picture, and the chart drifted lower without a clear link to either. For XRP news today, the smartest approach is to follow the confirmed facts and ignore the hype.

Disclaimer

This article is for educational and informational purposes only and is not financial or investment advice. Crypto assets are high risk, their prices can be very volatile, and you can lose some or all of your money. Always do your own research and consider speaking with a licensed financial advisor before making investment decisions.