XRPL 7 million accounts' idle liquidity awaiting activation, payment super app accelerates deployment

Anodos Finance co-founder and CEO Panos Mekras posted on the X platform on March 6, pointing out that the XRP Ledger (XRPL) has over 7 million accounts, with billions of dollars worth of XRP idle, while the liquidity of RLUSD stablecoin is accelerating growth. However, these potential energies have not yet been converted into practical applications for everyday payments.

Idle Liquidity on XRPL: Scale and Application Gaps

Mekras’s analysis centers on the gap between XRPL’s potential and real-world use cases. He states, “Billions of dollars of idle XRP, accelerating RLUSD liquidity, and over 7 million accounts indicate that XRPL harbors enormous undeveloped economic energy.” Yet, he emphasizes that these assets need to be truly liquid, “they must be consumable, able to be used as easily as sending a text message to buy tickets, pay for dinner, or settle business invoices.”

This observation echoes a growing consensus within the XRPL ecosystem: XRP is currently mainly used for speculative trading on centralized exchanges rather than circulating as a daily payment tool in commercial activities. The rapid growth of RLUSD stablecoin provides new infrastructure conditions for establishing a dollar-pegged stable payment layer, filling the gap where XRP’s direct use in daily payments faces exchange rate volatility.

Anodos Finance Infrastructure Plan: Super Apps and Self-Custody Cards

Mekras further elaborates on the specific development directions of Anodos Finance, aiming to build a bridge connecting XRPL digital assets with global commerce:

Financial Super App: Integrates multiple financial services, allowing users to manage XRP and RLUSD for daily payments, transfers, and asset management on a single platform.

Self-Custody Card: The first self-custody card in the XRPL ecosystem, enabling users to use digital assets on XRPL across a wide merchant network while maintaining full control over their funds without relying on centralized institutions.

Mekras summarizes this vision in one sentence: “We are moving XRP and RLUSD from exchanges into the hands of the people, integrating into the global economy. The bridge is built, the practicality is in place, and now it’s time for you to become the CEO of your own funds.”

Strategic Role of RLUSD: How Stablecoins Accelerate XRPL Practicalization

RLUSD is a USD-pegged stablecoin issued by Ripple on XRPL, playing a key role in Anodos Finance’s plan. Compared to XRP’s price volatility, RLUSD offers a stable value layer denominated in USD for everyday payment scenarios, addressing the main concern of consumers and businesses accepting crypto payments—exchange rate risk.

Paired with XRPL’s native decentralized exchange (DEX), the on-chain exchange between XRP and RLUSD can be completed instantly, further lowering user barriers. The infrastructure described by Mekras aims to leverage this technical combination to transform XRPL liquidity from “on-paper existence” into “everyday usability.”

Frequently Asked Questions

How many accounts and idle liquidity does XRPL currently have?
According to Anodos Finance CEO Panos Mekras, XRPL currently has over 7 million accounts holding billions of dollars in idle XRP, with RLUSD stablecoin liquidity accelerating growth. These figures represent the untapped economic potential that XRPL has yet to fully unleash in daily payment scenarios.

What core products does Anodos Finance plan to launch?
Anodos Finance plans to launch two core products: a financial super app integrating XRPL asset management and daily payment functions; and the first self-custody card in the XRPL ecosystem, allowing users to use XRP and RLUSD across a broad merchant network while maintaining full control over their funds.

How does RLUSD stablecoin promote XRPL’s daily payment applications?
RLUSD provides a stable value layer pegged to USD, solving the obstacle of XRP’s price volatility in daily payment scenarios. Paired with XRPL’s native DEX for instant on-chain exchanges, XRP and RLUSD can work seamlessly, providing a complete technical foundation for building stable consumer payment experiences.