The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets. The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. Launching a stablecoin is a natural step for Ripple as we bridge the gap The post Payment Use Cases Fuel Increasing Stablecoin Growth appeared first on Cryptonews .
