Institutional stablecoin Ripple USD ($RLUSD) has topped the global chart of short-term growth in the DeFi sector. Over the past seven days, its trading volume on decentralized exchanges (DEX) increased by $199.4 million.
According to the analytics platform Token Terminal, the asset outpaced its closest pursuer, the USDG token, by more than a twofold margin, as the latter recorded a weekly inflow of only $97.6 million.
How to double the result of the closest competitor in a week
Such a concentrated inflow of liquidity became a direct result of the deployment of ready-made B2B infrastructure oriented toward large capital. While the retail sector seeks speculative gains, institutional players pragmatically bet on strict compliance, choosing the digital dollar from Ripple, regulated by the New York regulator NYDFS and fully backed by U.S. government bonds.
u.today