Established public blockchains are now engaging in internal stablecoin circulation. What does a 63.7% monthly growth rate indicate? It shows that the payment narrative is spilling over from Ethereum, and the compliance dividends that Ripple and others have enjoyed for years are finally being reflected in on-chain data.

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CoinNetwork
Coin World News: The stablecoin market cap on the Ripple network reportedly exceeds $1 billion. Over the past 30 days, the stablecoin market cap on XRPL has grown by 63.7%, reaching $823 million. This increase is mainly driven by the treasury funds of $RLUSD and Ondo; currently, they hold more than $294 million on XRPL.
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