Ripple's stablecoin just hit a new all-time high.
The market cap of
@Ripple's fast-growing RLUSD stablecoin reached nearly $2.5 billion on September 22 - a new record for the USD-denominated asset.
At the same time, $XRP Ledger's stablecoin supply is up +6% on the week per DefiLlama data, now sitting at roughly $1.16 billion.