XRP Price Holds Firm Amid Soaring ETF Inflows and Stablecoin Growth

The XRP price continued to hover around $1.39 on September 10 as the crypto market rally stalled.

This modest drop came despite strong tailwinds from the RLUSD stablecoin and ETF inflows, which have been steadily increasing in recent months.

In fact, American investors have been piling into XRP ETFs throughout the year, with over $12.9 million flowing into these funds on Wednesday alone, making it one of the biggest days for XRP ETF inflows this year.

The cumulative inflows for these funds now stand at an impressive $1.7 billion, with net assets reaching $1.5 billion.