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Ripple leads stablecoin market growth with $258.2M gain, surpassing Ethena and others in November 2026

Market News
12 Nov 2026, 19:26 WIB
UToday
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Bullish
Ripple leads stablecoin market growth with $258.2M gain, surpassing Ethena and others in November 2026

Ripple, a blockchain firm linked to XRP, dominated the stablecoin market growth in the past month with a $258.2 million increase in market capitalization. Despite XRP's volatility, Ripple outpaced competitors like Ethena and Open Standard, securing the top spot in monthly stablecoin growth. This highlights Ripple's strong momentum and leadership in the stablecoin sector, signaling continued influence in the crypto market.

While Ripple leads stablecoin market growth with a $258.2 million rise, XRP on Pluang trades at Rp18.621 as of Nov 13, 2026 00:41 WIB, down 4.03% in one day. Its market cap stands at Rp1.184,96 trillion with a 64% circulating supply, showing significant scale despite recent price volatility. This contrasts with the steady growth Ripple's stablecoins are experiencing in the broader crypto market.

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