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RLUSD Supply Rises as USDT and USDC Contract

Ripple’s dollar token added about $972 million in 90 days, according to Bitcoin.com, while live data puts its circulating supply at $2.58 billion.

Ripple’s dollar token added about $972 million in 90 days, according to Bitcoin.com, while live data puts its circulating supply at $2.58 billion. Tether (USDT) is trading at ₹94.74 ($0.999). This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Wed, 04 Nov 2026 14:00:02 UTC.

Why it matters

The supply shifts highlight changing market share among major dollar stablecoins as RLUSD expands and the two largest alternatives contract. RLUSD’s growth could strengthen Ripple’s position in payment and settlement markets.

Key takeaways
  • RLUSD added about $972 million over 90 days.
  • Live circulating supply is $2.58 billion, per DeFiLlama.
  • Bitcoin.com says USDT shed $5 billion.
  • The crypto market cap reached $2.69 trillion.
The story so far · 3 briefs
  1. USDC Surpasses USDT in European Crypto Trading Amid MiCA Regulation
  2. TRON Surpasses Ethereum in USDT Supply Amid Stablecoin Market Growth
  3. RLUSD Supply Rises as USDT and USDC Contract — this brief

Bitcoin.com reports that Ripple-issued RLUSD expanded by approximately $972 million over 90 days, taking its circulating supply beyond $2.5 billion. The outlet describes it as the largest supply increase among major dollar-backed stablecoins during that period, while USDT and USDC both contracted. The publication’s headline further identifies USDT’s decline as $5 billion over the reported 90-day window. No corresponding contraction figure was provided for USDC, so the size of that reduction cannot be quantified from the supplied coverage.

DeFiLlama’s live data confirms that RLUSD’s circulating supply currently stands at $2.58 billion. The same aggregator reports $178.09 billion circulating for USDT and $70.79 billion for USDC, consistent with RLUSD remaining far smaller while recording the fastest reported growth among the major tokens covered.

All three stablecoins remain close to their dollar pegs: RLUSD is priced at $1, USDT at $0.99902 and USDC at $0.999523. Over 24 hours, their respective moves were +0.01%, +0.04% and +0.03%; over seven days, RLUSD was down 0.02%, while USDT and USDC were each up 0.02%.

The broader crypto market capitalization is $2.69 trillion and the market is broadly higher, with Bitcoin up 1.85% over 24 hours. The Fear & Greed index stands at 34, indicating a “Fear” reading despite the positive market move; what to watch next is whether RLUSD’s supply expansion continues as USDT and USDC supply trends develop.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Tether (USDT) has moved from ₹94.74$0.999 to ₹94.74$0.999 — +0.00%.

$0.999$0.999$0.999$0.999$0.999 published · $0.999 now · $0.999 (+0.00%) Nov 4 11:30 UTC Nov 4 14:00 UTC
BeforeSince publishPublished · ₹94.74$0.999
CoinAt publishNowSince publish
USDT₹94.74$0.999₹94.74$0.999+0.00%
USDC₹94.79$0.9995₹94.79$0.9995-0.00%
RLUSD₹94.83$1.00₹94.83$1.000.00%

The chart plots USDT'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 Token Times'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.

What this means in rupee

At today's peer-to-peer rate, 1 USDT ≈ ₹105.91 (about $0.999), up 0.0% over 24 hours. The rupee itself trades about 11.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USDT
#3
₹94.74$0.999 ▲ 0.04%
7d +0.02%MCap ₹16.90TFull USDT data →
USDC
#6
₹94.79$0.9995 ▲ 0.01%
7d +0.01%MCap ₹6.69TFull USDC data →
#39
₹94.83$1.00 ▲ 0.01%
7d -0.01%MCap ₹246.07BFull RLUSD data →
The market when this published · November 4, 2026
Total market cap₹255.52T
Bitcoin 24h+1.85%
Ethereum 24h+2.72%
BTC dominance58.5%
Fear & Greed34 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 4, 2026.

USDT circulating supply$178.12BDeFiLlama ↗
USDC circulating supply$70.83BDeFiLlama ↗
RLUSD circulating supply$2.58BDeFiLlama ↗

Token Times 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.

RLUSD Supply Rises as USDT and USDC Contract — questions & answers

How much did RLUSD grow over the reported 90-day period?

Bitcoin.com reports that RLUSD added approximately $972 million, taking its supply above $2.5 billion.

What is RLUSD’s current circulating supply?

DeFiLlama reports a live RLUSD circulating supply of $2.58 billion.

How much did USDT reportedly contract?

Bitcoin.com’s headline says USDT lost $5 billion over the 90-day period. Its current supply is $178.09 billion, according to DeFiLlama.

How much is 1 Tether worth in rupee today?

About ₹105.91 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.999. The rupee price moves with both USDT's US-dollar price and the USDT/INR rate; use our Tether in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyRipple Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 4, 2026 ⛓ Timestamped at Bitcoin block #974,523 sha256:ac1eace751dd43ab
Based on reporting by Bitcoin.com — this is an original Token Times summary with live market data, not the original article.Bitcoin.com · Nov 4 11:30 ↗

Original summary — not financial advice. This is an original Token Times 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.