Ripple stablecoin growth puts RLUSD atop weekly decentralized-exchange volume gains

Ripple’s stablecoin growth has put Ripple USD (RLUSD) at the top of the weekly DeFi growth chart, with decentralized-exchange trading volume increasing by $199.4 million over seven days . Token Terminal’s figures put that gain at more than twice the $97.6 million weekly inflow recorded by its closest rival, USDG. Key takeaways RLUSD’s seven-day DEX gain exceeded USDG’s by more than twofold. Licensed payment companies can settle cross-border payments instantly using RLUSD. RLUSD ranks eighth globally but accounts for over 92% of XRPL stablecoin turnover.
You are reading an excerpt. The Cryptonomist wrote and owns the full article.
Continue reading at en.cryptonomist.ch











