BEARISH 45 U.Today 48M ago · 1 min read 1 read

Ripple Loses Dominance in Stablecoin Market Cap Growth

AI summary

Ripple has lost its top position in stablecoin market-cap growth as Ethena took the lead with $337.4 million added in just 24 hours. The shift signals that capital is rotating toward Ethena's stablecoin offering rather than Ripple's, a competitive setback for Ripple's stablecoin ambitions. Traders watching XRP and stablecoin supply trends should note the momentum change, though a single day's growth figure is not decisive.

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