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Ripple's RLUSD stablecoin leads weekly DEX volume growth, surpassing Ethereum's Ethena USDe by $56M.

Market News
09 Nov 2026, 17:32 WIB
UToday
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Bullish
Ripple's RLUSD stablecoin leads weekly DEX volume growth, surpassing Ethereum's Ethena USDe by $56M.

Ripple's RLUSD stablecoin has outpaced Ethereum's Ethena USDe in decentralized exchange (DEX) volume growth, increasing by $127.4 million over the past week compared to USDe's $71.4 million. RLUSD is fully backed by cash and U.S. Treasuries and operates under strict regulatory oversight, including the New York State Department of Financial Services and the U.S. Office of the Comptroller of the Currency. The stablecoin's market cap has grown from $1.28 billion at the start of 2026 to $2.69 billion, supported by partnerships with major platforms like Robinhood, Bitstamp, and Coinbase. Despite USDe's larger market cap of $4.97 billion, RLUSD's rapid volume growth signals strong adoption and liquidity in the stablecoin market.

As of Nov 09, 2026 22:42 WIB, XRP on Pluang is priced at Rp20.016 with a 1-day decline of 4.31%. Despite the recent drop, XRP maintains a substantial market cap of Rp1.256,78 trillion and a high trading volume of Rp56,6 trillion over 24 hours. This trading activity highlights strong investor interest in Ripple's ecosystem, complementing the news of RLUSD's growing stablecoin volume and market presence.

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