#StrategyBTCPurchase RLUSD from Ripple becomes the fastest-growing stablecoin in June.
$XRP ✨✨✨✨🚀🚀
Ripple's stablecoin RLUSD increased by 47% in June, reaching a circulating supply of 455 million dollars.
Most of its supply is now on the Ethereum blockchain, which experienced a 4x increase since January.
The growth of RLUSD was driven by favorable regulatory developments for stablecoins in the United States.
Ripple's stablecoin RLUSD has been consistently gaining momentum, emerging as one of the fastest-growing assets in the crypto space.
Data from DeFiLlama reveals that the circulating supply of RLUSD increased by 47% this month, reaching an impressive 455 million dollars in June. This means its supply increased by more than 150 million dollars this month.