Ripple's stablecoin RLUSD has exceeded a circulating supply of $1.65 billion, marking a new milestone in its adoption within the crypto and payments sectors. This growth, a nearly 3% increase from late April, reflects rising investor confidence and expanding use by enterprises and financial platforms. Despite being relatively new, RLUSD is gaining traction as a stable digital asset for transactions and settlements, strengthening Ripple's position in the competitive stablecoin market. Continued adoption could position RLUSD as a stronger competitor to established stablecoins, highlighting the growing role of stablecoins in global digital finance.
The crypto market showed mild strength with total capitalization rising 0.68% to $2.57 trillion. Bitcoin held steady near $77,000, supported by optimism around regulatory discussions and tokenized stock trading plans, while Ethereum struggled below $...
Daily inflows into U.S. spot XRP ETFs surged from $730,400 to $1.48 million, mainly due to Franklin Templeton’s XRPZ fund, pushing total net inflows to $1.39 billion. This growth reflects rising institutional interest following the U.S. Senate Bankin...
XRP is experiencing a challenging phase marked by a continuous price drop to around $1.37 and a sharp slowdown in XRP Ledger activity, including a significant decrease in new addresses. Institutional interest is also waning, evidenced by reduced capi...
Institutional demand for XRP, the native token of the XRP Ledger, declined in May following a significant accumulation in April 2026. Data from CryptoQuant shows that net buying activity by large wallets on Binance fell below zero, indicating reduced...
U.S. spot XRP ETFs saw daily inflows jump 100% to $1.48 million, driven mainly by Franklin Templeton's XRPZ fund, following the U.S. Senate's approval of the Digital Asset Market Clarity Act. This legislation reduces regulatory risks by affirming XRP...
