CoinMeta data: The trading volume of Ripple's new stablecoin ( RLUSD ) on decentralized exchanges ( DEX ) has increased by approximately $199.4 million over the past seven days, making it the global champion of short-term growth in the DEFI sector. According to Token Terminal's analysis, the trading volume of this asset has surpassed that of its competitor USDG by $97.6 million, with the latter's inflow being only half of the former's. The inflow of RLUSD is concentrated on the infrastructure deployment of large capital in B2B, attracting the attention of institutional investors. This stablecoin is regulated by the New York Financial Services Agency ( NYDFS ) and is fully backed by U.S. Treasury bonds.