XRP dethrones USDT, now ranked third largest crypto
XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum.
According to data from crypto.news, XRP’s market cap is nearing the $140 billion threshold. The token is already $2 billion more valuable than stablecoin issuer Tether which has a market cap of around $137 billion.
XRP has gained nearly 15% over the past seven days and is up nearly 350% over the past year.
Ripple’s recent rally has been ongoing for the past three days. This surge could be linked to Ripple Labs’ recent issuance of a US dollar-backed stablecoin, Ripple USD (RLUSD), which was launched last…
