Ripple’s RLUSD Adds Nearly $1B in 90 Days as Tether’s USDT Loses $5B

Ripple’s RLUSD stablecoin has crossed $2.5 billion in supply after adding about $972 million in 90 days, the biggest gain among major dollar tokens while USDT and USDC shrank. Ripple USD (RLUSD), the dollar-pegged stablecoin issued by Ripple, has silently become the fastest-growing major stablecoin of the past quarter. Its circulating supply officially crossed $2.5B this week, which means it now leads all major stablecoins in 90-day net inflows. At press time, RLUSD’s supply stood at about $2.57 billion , compared with $1.59 billion on Aug. 6, a gain of roughly $972 million in 90 days.

Source: Bitcoin.com News