Ripple’s RLUSD Adds Nearly $1B in 90 Days as Tether’s USDT Loses $5B

Ripple’s RLUSD stablecoin has crossed $2.5 billion in supply after adding about $972 million in 90 days, the biggest gain among major dollar tokens while USDT and USDC shrank. Ripple USD (RLUSD), the dollar-pegged stablecoin issued by Ripple, has silently become the fastest-growing major stablecoin of the past quarter. Its circulating supply officially crossed $2.5B this week, which means it now leads all major stablecoins in 90-day net inflows. At press time, RLUSD’s supply stood at about $2.57 billion , compared with $1.59 billion on Aug. 6, a gain of roughly $972 million in 90 days. The growth stands out because most of the stablecoin market seems to have gone the other way, with Defillama’s stablecoin dashboard showing Tether’s USDT, the largest dollar token, at about $178.3 billion, down roughly…

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