XRP Ledger Emerges as Global Settlement Layer for Stablecoins: Report

XRP Ledger Adoption Accelerates With Record Stablecoin Minting

Figures from Dune Analytics reveal that in July, BBRL—issued by BrazaBank—minted more than $4.2 million worth of stablecoins, pushing it to second place among BRL-pegged assets. While BRZ from Transfero Group still holds the top spot, its growth has slowed in recent months. By contrast, BBRL’s July jump was one of the fastest on record, helping boost the overall issuance of BRL stablecoins on the XRP Ledger. Analysts point to this as evidence of…

XRP ledger gains momentum as global hub for stablecoin settlements

XRPL is becoming a leading stablecoin settlement platform, specifically in developing countries. Information from blockchain analytics provider Dune reveals increased activity on the network with a focus on Brazilian real (BRL)-pegged stablecoins. The appreciation is a product of mass adoption, more key players joining the market, and stiff competition in tokens on XRPL. In July, stablecoins’ transactions spiked on the XRP Ledger, specifically f…

XRP Ledger Boosts Financial Transactions with Growing Stable

July saw significant growth in BRL-linked stablecoins on XRP Ledger. BBRL became the second-largest stablecoin on the platform. Continue Reading:XRP Ledger Boosts Financial Transactions with Growing Stablecoin Activity The post XRP Ledger Boosts Financial Transactions with Growing Stablecoin Activit...

XRP Ledger Emerges as Global Settlement Layer for Stablecoins: Report

XRP Ledger is quickly becoming a major global settlement layer for stablecoin activity. According to a recent update from Dune, July saw significant growth in Brazilian real (BRL)-denominated stablecoins, especially those issued on the XRP Ledger. BBRL Surges to Second Place as XRP Ledger Powers BRL Stablecoin Growth Data from Dune Analytics shows that BrazaBank The post XRP Ledger Emerges as Global Settlement Layer for Stablecoins: Report appea…