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XRPL Stablecoin Market Cap Drops Below $1 Billion After 13% Weekly Decline

By Pardon Joshua

XRPL stablecoin supply has dropped sharply. According to DefiLlama data, the XRP Ledger’s total stablecoin market cap contracted 13.19% over the past week. It now sits at roughly $999.9 million, just below the $1 billion mark. XRPL still ranks 12th globally by stablecoin supply. It holds that position ahead of Aptos…

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Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

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