Native stablecoin supply on the XRP Ledger (XRPL) increased 25.2% quarter over quarter to $1.03 billion in the third quarter. The increase was mainly driven by RLUSD, which accounted for 98.1% of this supply.

According to Blockworks’ third-quarter XRP report, RLUSD supply on the XRPL increased 49.7% to $1.01 billion, while supply across all chains reached $2.52 billion. Stablecoin transfer volume rose 39.5% to $14.09 billion.

The value of tokenized real-world assets distributed on the XRPL increased 29.2% quarter over quarter to $498.7 million. Net inflows into global XRP ETP products rose 39.6% to $355.3 million; assets under management increased from $2.01 billion to $3.32 billion.

On-chain payment volume increased 4.3% to 42.82 billion XRP, but the number of payment transactions fell 33.6%. Total transactions decreased 8.6% to 203 million. Trading volume on the native decentralized exchange rose 20.2% to $614.8 million, while the amount of fees burned fell 11.6% to 35,852 XRP.

Source: https://tintucbitcoin.com/nguon-cung-stablecoin-goc-tren-xrpl-tang-252-dat-103-ty-usd-trong-quy-3/

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