A report that XRP Ledger stablecoin market cap rising around 8% in the past week to nearly $1.2 billion, placing it roughly $150-160 million from overtaking Avalanche in the rankings.DefiLlama data confirms XRPL at $1.192 billion with +7.85% weekly growth, ranking it 12th among chains, while Avalanche sits at $1.353 billion in 10th place, dominated by assets like BUIDL and USDC.
RLUSD accounts for the vast majority of XRPL's stablecoin supply, reflecting broader momentum in Ripple-backed issuance and on-chain liquidity expansion on the ledger.

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