Ripple's RLUSD stablecoin supply reached a record $2.442 billion this week, up about 41% from $1.72 billion a month earlier. According to ChainCatcher, most of the new supply has flowed to Ethereum rather than XRP Ledger, with Ethereum holdings at $1.37 billion and XRP Ledger holdings at $1.05 billion. That marks a reversal from July, when XRP Ledger accounted for 58.9% of RLUSD holdings. Since July, about $840 million in new supply has been added, and Ethereum absorbed the vast majority.