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Crypto

XRP Ledger Stablecoin Supply Surpasses $1.3 Billion

Guavy AI Editorial Team
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XRP
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The stablecoin supply on the XRP Ledger has experienced a significant increase of 14.57% over the past week, reaching more than $1.3 billion.

This growth brings the network closer to Plasma in the ranking, which is based on stablecoin supply rather than overall token value or other measures of activity.

According to BSCN, XRP Ledger's current position in the ranking is near No. 11 and could potentially move ahead of Plasma if further changes occur in the respective stablecoin market capitalizations.

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