RLUSD Circulation Reaches 2.49 Billion Tokens as Market Value Nears $2.5B
RLUSD represented more than 92% of the XRP Ledger’s approximately $1.19 billion in stablecoin value, which rose 6% in seven days and 11% in 30 days.
RLUSD circulation reached about 2.49 billion tokens on Sept. 27, while its market value neared $2.5 billion as total stablecoin value on the XRP Ledger rose about 6% over seven days and 11% over 30 days.
The XRP Ledger’s total stablecoin value stood at approximately $1.19 billion, up about 6% over seven days and 11% over 30 days. RLUSD accounted for roughly $1.1 billion of that amount, representing more than 92% of the ledger’s stablecoin value.
The figures indicate that RLUSD holds the dominant share of stablecoin value on the XRP Ledger. The latest circulation figure refers to tokens, while the nearly $2.5 billion figure refers to market value.
