Ripple's dollar stablecoin RLUSD recorded the largest net token issuance among stablecoins in the past day, adding $34.7 million. That figure exceeded Tether's $24.2 million and M0's $22.6 million during the same period. SoFi, Jupiter Exchange and Arcus followed with smaller amounts.
Despite topping the daily chart, RLUSD holds a market cap around $2.4 billion, far below industry leaders. The token is issued by a Ripple subsidiary and operates across multiple blockchains including Ethereum, XRP Ledger and Base. Single-day issuance can fluctuate widely and may reflect treasury operations rather than customer demand, making sustained trends more meaningful than short snapshots.
Read the full story on BSC News: Ripple's RLUSD Leads Stablecoin Issuers With $34.7 Million in Net New Tokens in 24 Hours
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