XRP Ledger Stablecoin Market Cap Jumps $67M in a Week to $1.159B
- —XRPL stablecoin market cap rose $67.12 million in a week to $1.159 billion
- —RLUSD holds 92.1% of the market at about $1.067 billion
- —RLUSD's 11.55% monthly growth outpaced the broader market's 9.8%
- —USDC on XRPL fell 21.86% over 30 days to about $4.62 million
Why it matters: RLUSD's expansion strengthens Ripple's payments and settlement push, though it does not imply XRP purchases.
Source: The Crypto Basic