Ripple's Stablecoin is Pulling Ahead Of a Major DeFi Rival
Ripple's (
@Ripple) $RLUSD added $127.4 million in DEX trading volume over seven days.
This puts it $56 million ahead of Ethena's (
@ethena) ($ENA) USDe, according to Token Terminal data cited by RWA Foundation.
$USDe still has the larger market cap at $4.97 billion.
Other DeFi stablecoins, including ethereum:0x73a15fed60bf67631dc6cd7bc5b6e8da8190acf5 and $GHO, recorded less than $20 million in growth.