XRP Ledger’s stablecoin supply surges 22% in a week as $142 million flows on-chain $XRP $RLUSD ☑ The supply of stablecoins on the XRPL increased by approximately $142 million in just seven days, pushing the total on-chain stablecoin value on XRPL past $762 million. Ripple USD (RLUSD) holds the largest market share among stablecoins on this network. ☑ While stablecoin growth does not necessarily lead to an increase in XRP’s price, heightened liquidity strengthens the ecosystem and may drive greater demand for network services utilizing XRP.
Pana@XRPShare
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