Ripple USD (RLUSD) Leads Stablecoin Market-Cap Gains at $128.6 Million

Ripple USD (RLUSD) ranked first in 24-hour stablecoin market-cap growth, rising by $128.6 million; USDe by ethena ranked second. RLUSD’s market capitalization rose $765.3 million over the 90-day comparison period , below Circle’s $915 million increase and above United Stables’ $474.2 million gain. RLUSD represented 0.8% of stablecoin supply, compared with 61% for Tether’s USDT and 0.5% for United Stables. RLUSD also gained 23,600 holder addresses during the 90-day period and ranked among the top 10 stablecoins for holder growth. Holder addresses are blockchain accounts associated with the token. Enna Lee reports on investing and digital-asset markets for TokenPost.