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Arc Leads Seven-Day Stablecoin Market-Cap Growth With $252.2 Million

Arc Leads Seven-Day Stablecoin Market-Cap Growth With $252.2 Million

Photo: TokenPost

Arc recorded the largest seven-day increase in stablecoin market capitalization among the networks in a new ranking, rising $252.2 million, a measure of balances rather than payment volume. Tempo added $98.2 million, placing second, while the XRP Ledger ranked third with a $58.3 million increase. Arc’s gain exceeded Tempo’s by $154 million and the XRP Ledger’s by $193.9 million. The ranking tracks changes in the combined market value of stablecoins outstanding on each network. It does not count how many transfers took place or how much stablecoin value moved through a network during the period.

Source: TokenPost

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