Ripple USD (RLUSD)

The market cap of $RLUSD has grown 278.6% since last year to $1.63B.

In our recent @Ripple Quarterly Webinar, Mike Higgins (@mikehiggins) broke down why this metric matters.

Beyond a nice looking chart, a growing stablecoin supply reflects how much capital is being used as a collateral layer by institutions that want to trade and meet margin calls outside banking hours.

"Now that you've shrunk that margin period of risk because folks can use stablecoins to top up collateral, the margin requirements generally come better, and that's passed back to the client, making all of the asset classes better, faster, cheaper, or more efficient."

The market cap of $RLUSD has grown 278.6% since last year to $1.63B.

In our recent @Ripple Quarterly Webinar, Mike Higgins (@mikehiggins) broke down why this metric matters.

Beyond a nice looking chart, a growing stablecoin supply reflects how much capital is being used as a collateral layer by institutions that want to trade and meet margin calls outside banking hours.

"Now that you've shrunk that margin period of risk because folks can use stablecoins to top up collateral, the margin requirements generally come better, and that's passed back to the client, making all of the asset classes better, faster, cheaper, or more efficient."