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Crypto & Bitcoin

XRPL Takes Third Spot in Stablecoin Growth Ranking

Reported by The Currency Analytics

Image: The Currency Analytics

XRP Ledger (XRPL) secured the third position in the global ranking of blockchain platforms by the pace of weekly growth in stablecoin capitalization, with a net inflow of $58.3 million over the reported seven-day period. The ranking was derived from the official weekly report of the RWA Foundation, which utilized on-chain data provided by the analytics platform Token Terminal. This inflow occurred following a significant decline in the network’s stablecoin capitalization. As of October 22, XRPL’s stablecoin capitalization had decreased by 13.19% week-over-week to approximately $999.9 million.

This is an excerpt. The reporting belongs to The Currency Analytics.

Read the full report on thecurrencyanalytics.com
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