Ripple's RLUSD Supply Nears $2.5B Record as XRPL Stablecoins Rise 6%
- —RLUSD supply hit a record near $2.5 billion
- —Stablecoins on the XRP Ledger grew about 6%
- —Reported figures of $2.4–2.5 billion reflect different snapshot timings
- —Growth coincides with expanding DeFi tooling on XRPL
Why it matters: Rising stablecoin supply is a proxy for capital entering the XRPL ecosystem and intensifies competition with USDT and USDC.
Source: Bitcoin Insider