🚨 XRP Ledger's stablecoin supply is losing momentum.
The stablecoin market cap on @Ripple's @XRP Ledger has dropped 8.84%, pushing total supply below the $1 billion mark.
But the bigger concern? 92% of the network's stablecoin supply is concentrated in Ripple's own $RLUSD.
That leaves very little room for stablecoin diversity.
For $XRP , the real question isn't just how much liquidity the network holds — it's whether that liquidity can attract more stablecoin issuers, deeper capital, and sustained on-chain activity.
RLUSD is growing its presence, but a healthy ecosystem needs more than one dominant stablecoin.
Liquidity diversity matters. 👀
The stablecoin market cap on @Ripple's @XRP Ledger has dropped 8.84%, pushing total supply below the $1 billion mark.
But the bigger concern? 92% of the network's stablecoin supply is concentrated in Ripple's own $RLUSD.
That leaves very little room for stablecoin diversity.
For $XRP , the real question isn't just how much liquidity the network holds — it's whether that liquidity can attract more stablecoin issuers, deeper capital, and sustained on-chain activity.
RLUSD is growing its presence, but a healthy ecosystem needs more than one dominant stablecoin.
Liquidity diversity matters. 👀
