Ripple Loses Dominance in Stablecoin Market Cap Growth
Key Highlights: Ethena took the top position in 24-hour stablecoin market capitalization growth with an expansion of $39.6 million. Ripple slipped to second place after leading the sector the prior day with a $34.7 million surge, with Ethena’s latest growth outpacing Ripple by roughly 8.5 times. Broader market momentum lifted multiple stablecoin issuers, including double-digit ...