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Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

In a mere fortnight, Ripple’s RLUSD stablecoin has witnessed its supply on Ethereum expand by $4.4 million. Yet, with 768 addresses in possession of the token, over 70% of the stablecoin’s supply lingers in the Ripple De...

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Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants
In a mere fortnight, Ripple’s RLUSD stablecoin has witnessed its supply on Ethereum expand by $4.4 million. Yet, with 768 addresses in possession of the token, over 70% of the stablecoin’s supply lingers in the Ripple Deployer wallet or contract address. Ripple’s RLUSD Hits $4.4M in New Supply on Ethereum—Who Controls the Tokens? In 2024, […]

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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