Ripple’s RLUSD adds nearly $1B in 90 days as USDT sheds $5B
Ripple's RLUSD stablecoin crossed $2.5 billion in supply after adding roughly $972 million over 90 days, the largest gain among major dollar tokens. Over the same period Tether's USDT lost about $5 billion and USDC also shrank. Traders watch stablecoin supply as a proxy for where liquidity sits, and RLUSD's growth signals rising demand for Ripple-linked dollar rails even as the two largest tokens contract.