LC Insight
Saturday, November 14, 2026Read the chain, not the rumors.

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Ripple's RLUSD hit $2.79 billion, its highest in a year, up $83 million in a day. USDT shrank $323 million

While bitcoin slid and the biggest stablecoin lost supply, Ripple's dollar token kept growing, CoinGecko data show. DefiLlama counts a much smaller total.

Illustration: LC Insight

Key points

  • Ripple USD (RLUSD) reached a market value of $2.785 billion at 6:57 a.m. ET on November 14, 2026, up $83.3 million or 3.1% in 24 hours, CoinGecko data show. It is the highest in CoinGecko's daily data for the past year, which starts near $1.09 billion.
  • In the same 24 hours tether (USDT) shrank $323.1 million to $175.27 billion.
  • DefiLlama counts only $1.628 billion of RLUSD, on Ethereum and the XRP Ledger, so the trackers disagree by more than $1.1 billion.

What moved

RLUSD is Ripple's dollar stablecoin. At 6:57 a.m. ET on November 14, 2026, CoinGecko put its market value at $2.785 billion, up $83.3 million (3.1%) in 24 hours, with the price at $1.00. For a dollar token, a higher market value means more tokens in circulation.

The rise continues a run. CoinGecko's daily readings show RLUSD at $2.581 billion on November 4, so it added about $204 million in 10 days, and at $1.600 billion on May 19. Its largest one-day drop in that period was $190.7 million on October 31.

The biggest stablecoin moved the other way. Tether's USDT shrank $323.1 million (0.18%) in the same 24 hours, to $175.27 billion. Bitcoin traded near $67,113, down 2.9%.

Two trackers, two totals

DefiLlama shows a much smaller supply: $1.628 billion, made up of $852.27 million on Ethereum and $776.1 million on the XRP Ledger. That is about $1.16 billion less than CoinGecko. Neither page explains the gap, so the exact size of RLUSD depends on which count you use. Both show the token at $1.

The direction of the move does not depend on the tracker. CoinGecko's figure is at its highest in a year of daily data, and RLUSD traded $316.6 million in 24 hours on CoinGecko, more than 11% of its market value.

Cartoon: an RLUSD coin over a rising arrow with a gold star next to a tether coin over a falling arrow, the mascot comparing them.
Illustration: LC Insight

LC Insight analysis

This section is our reading of the facts above, not a statement of fact.

  • We think the contrast is the story: in a falling market, money left USDT while RLUSD kept adding supply.
  • RLUSD is still small next to USDT, about 1.6% of its size on CoinGecko's numbers, so its growth does not offset Tether's outflow.
  • The large gap between CoinGecko and DefiLlama is a reason to treat any single RLUSD supply figure with care until Ripple's own reports confirm it.

What's next

  • Whether RLUSD holds above $2.7 billion on CoinGecko.
  • Whether DefiLlama's count of $1.628 billion moves toward CoinGecko's.
  • USDT's supply after a $323 million daily drop.

Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.

Sources

  1. CoinGecko API, stablecoin market values and 24-hour changes (read November 14, 2026, 6:57 a.m. ET)
  2. CoinGecko API, RLUSD daily market value, 180 days (read November 14, 2026, 6:56 a.m. ET)
  3. DefiLlama, Ripple USD supply by chain (read November 14, 2026, 6:58 a.m. ET)
  4. CoinGecko, Ripple USD price page