XRP Ledger Stablecoin Market Surges to $1.159 Billion

The XRP Ledger's stablecoin market cap has grown significantly in a week, reaching $1.159 billion on September 25.

This represents an increase of $67.12 million, or 6.15%, over seven days, according to DefiLlama.

Ripple USD (RLUSD) accounts for approximately $1.067 billion, or 92.1% of the total stablecoin market cap on the XRP Ledger.

This growth is notable, especially considering that RLUSD has seen an 11.55% monthly increase, outpacing the broader market's 9.8% expansion.