$200 Million in 7 Days: Ripple's New Stablecoin Outpaces Rivals in Weekly DeFi Volume
Photo: U.Today
Institutional stablecoin Ripple USD (RLUSD) has topped the global chart of short-term growth in the DeFi sector. Over the past seven days, its trading volume on decentralized exchanges (DEX) increased by $199.4 million. According to the analytics platform Token Terminal , the asset outpaced its closest pursuer, the USDG token, by more than a twofold margin, as the latter recorded a weekly inflow of only $97.6 million. Such a concentrated inflow of liquidity became a direct result of the deployment of ready-made B2B infrastructure oriented toward large capital.
Source: U.Today
