Crypto
XRP Ledger Stablecoin Market Surpasses $1.159 Billion
The XRP Ledger stablecoin market has reached $1.159 billion, according to DefiLlama data from September 25. This represents a 6.15% weekly increase in total market value.
Ripple USD (RLUSD) remains the largest stablecoin on the network, accounting for approximately $1.067 billion or 92.1% of the tracked stablecoin market.
Over 30 days, RLUSD grew by 11.55%, outpacing overall XRP Ledger stablecoin growth of 9.8%. In contrast, USDC's market capitalization on XRP Ledger fell 21.86% to around $4.62 million during the same period.