Ripple Adds $765 Million to Stablecoin Market Cap in Q3, Trailing Only Circle
Ripple’s RLUSD added $765.3 million over the quarter, and one comparison placed it behind Circle for gains over the same 90-day span. In the snapshot, RLUSD accounted for 0.8% of stablecoin supply.
What this rests on
What it means
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Users and market participants who track stablecoin supply can see RLUSD’s footprint in the snapshot as a small share of the total, with the figure set at 0.8%. The same comparison also shows Circle with a larger 90-day gain, which is the immediate point of reference for anyone watching how the larger stablecoin names moved in that period.
Before this comparison, RLUSD could be described only by its own quarterly change; now there is a side-by-side figure showing Circle’s gain over the same span. What stays the same is that the snapshot is just a point-in-time comparison, so it does not change the underlying supply share or quarterly increase already reported for RLUSD.
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Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Where this sits in the XRP series
| When | What happened | Figure |
|---|---|---|
| 22 days ago | XRP a 1.62 $ high | today it sits -19.1 % from there |
| today | XRP a 1.29 $ low | today it sits +1.6 % from there |
From what we have stored, starting 22 days ago.