1 min read
Add as a preferred source on Google

Ripple USD (RLUSD) Leads Stablecoin Market-Cap Gains at $128.6 Million

USDe by ethena ranked second in the 24-hour comparison. In a separate 90-day comparison, RLUSD gained $765.3 million, less than Circle but more than United Stables.

Mentioned assets

Ripple USD (RLUSD) ranked first in 24-hour stablecoin market-cap growth, rising by $128.6 million; USDe by ethena ranked second.

RLUSD’s market capitalization rose $765.3 million over the 90-day comparison period, below Circle’s $915 million increase and above United Stables’ $474.2 million gain. RLUSD represented 0.8% of stablecoin supply, compared with 61% for Tether’s USDT and 0.5% for United Stables.

RLUSD also gained 23,600 holder addresses during the 90-day period and ranked among the top 10 stablecoins for holder growth. Holder addresses are blockchain accounts associated with the token.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…