ripples stablecoin just passed paypals and barely anyone noticed
#RippleRLUSDMarketCapSurpassesPayPalPYUSD
per defillama, RLUSD is now bigger than PYUSD by circulating supply. part of that is pyusd shrinking this week, but rlusd kept growing after it went live on coinbase late october
the lead is thin and one big redemption flips it back. the second order part matters more to me. rlusd lives natively on the xrp ledger, so more of it means more real settlement on xrpl, not just trading $XRP
im watching rlusd supply climbing while $BTC stays weak. i like xrp in this zone and im adding a bit, if you were waiting for a calmer entry id start small here
does stablecoin growth on xrpl ever show up in the xrp chart, or are those still two separate stories ?
#RippleRLUSDMarketCapSurpassesPayPalPYUSD
per defillama, RLUSD is now bigger than PYUSD by circulating supply. part of that is pyusd shrinking this week, but rlusd kept growing after it went live on coinbase late october
the lead is thin and one big redemption flips it back. the second order part matters more to me. rlusd lives natively on the xrp ledger, so more of it means more real settlement on xrpl, not just trading $XRP
im watching rlusd supply climbing while $BTC stays weak. i like xrp in this zone and im adding a bit, if you were waiting for a calmer entry id start small here
does stablecoin growth on xrpl ever show up in the xrp chart, or are those still two separate stories ?
