XRP Ledger Surges 34% in RWA Growth – Mercado Bitcoin Deal Could Trigger Crypto’s Next Big Rally

XRP Ledger just posted a jaw-dropping 34% monthly spike in real-world asset (RWA) adoption—and the Mercado Bitcoin partnership might turn this heatwave into a full-blown explosion.

Why Traders Are Paying Attention

RWAs are crypto's hottest gateway drug for institutional money. XRP's ledger isn't just growing—it's eating competitors' lunch while traditional finance still debates whether blockchain is 'a fad.'

The Mercado Bitcoin Factor

Latin America's largest crypto exchange joining forces with XRP could mint new liquidity pipelines. Watch for speculative froth—because nothing fuels a bull run like a juicy 'partnership' press release.

Bottom Line: XRP's infrastructure play is working. Whether this sustains or becomes another 'number go up' casino depends on actual usage—not just trader hype.

Inside XRP Ledger’s tokenization stack

US Treasury debt comprises the largest slice of tokenized value on XRP Ledger at $90.1 million, or roughly 57% of the network’s RWA base. Public equity receipts follow at $55.4 million, with non-US sovereign debt and real-estate tokens contributing $11.9 million and $2.9 million, respectively.

Archax anchors the ledger’s protocol table with $112.1 million across three instruments, equal to 55.6% of on-chain value, while ONDO holds $30.1 million.

Furthermore, token volumes on XRP Ledger are set to widen. The Brazilian exchange Mercado Bitcoin announced on July 4 that it plans to tokenize more than $200 million in permissioned fixed-income and equity-income products on the blockchain. 

According to Ripple, the effort ranks among the most extensive Latin American tokenization campaigns. It builds on Mercado Bitcoin’s record of issuing more than R$1 billion ($182 million) in on-chain private credit assets with zero defaults. 

The exchange will utilize XRP Ledger’s native settlement LAYER to distribute the instruments across South America and Europe.

Ripple noted that Mercado bitcoin already uses Ripple Payments for cross-border treasury transfers between Brazil and Portugal and listed the RLUSD stablecoin on its venue earlier this year. 

If completed in full, the new issuance WOULD more than double the ledger’s current RWA capitalization and move the network higher in RWA.xyz’s rankings.