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
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.