Ripple Tops 30-Day Stablecoin Capitalization Growth Rankings
Ripple led a 30-day ranking of stablecoin market-capitalization gains, adding $258.2 million as of November 12, 2026.
Ripple led a 30-day ranking of stablecoin market-capitalization gains, adding $258.2 million as of November 12, 2026. Ethena (ENA) is trading at $0.139, down 1.0% since this brief published. This is an original TLT brief synthesising 2 outlets (Crypto Economy, U.Today), with their figures cross-checked, plus live market data, as of Fri, 13 Nov 2026 00:45:04 UTC.
The monthly ranking highlights a shift in where stablecoin capitalization is expanding, with Ripple moving ahead of Ethena while Open Standard also posted substantial gains. For market participants, the result provides a measurable indicator of recent issuer-level activity amid a broader downturn in crypto prices.
- Ripple added $258.2 million in stablecoin market capitalization over 30 days.
- Open Standard ranked second with $165.1 million in growth.
- Ethena placed third after adding $78 million, according to Crypto Economy.
- Bitcoin fell 3.51% over 24 hours as the Fear & Greed index held at 20.
Crypto Economy and U.Today agree that Ripple recorded $258.2 million in stablecoin market-capitalization growth over the preceding 30 days and ranked first in the monthly standings. U.Today characterizes the result as Ripple flipping Ethena once again, while Crypto Economy identifies Open Standard as second with a $165.1 million increase and Ethena as third with $78 million of additions. Both outlets report the same $258.2 million Ripple figure, and no numerical conflict appears between them; their main difference is emphasis, with U.Today focusing on the ranking reversal and Crypto Economy providing the broader top-three comparison.
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- Ripple Tops 30-Day Stablecoin Capitalization Growth Rankings — this brief
Ripple led the latest 30-day ranking of stablecoin market-capitalization growth, according to figures from Token Terminal published by Crypto Economy and U.Today. The reported increase was $258.2 million, measured as of November 12, 2026. Both outlets identify Ripple as the largest gainer in the monthly standings, marking a notable change at the top of the issuer comparison.
Crypto Economy’s broader ranking places Open Standard in second position after its stablecoin market capitalization expanded by $165.1 million during the same period. 
Ethena ranked third with a reported increase of $78 million. U.Today specifically highlighted that Ripple moved ahead of Ethena again, framing the monthly result as another reversal in the growth leadership between the two companies.
The two independently published summaries corroborate the headline figure: both cite a $258.2 million increase for Ripple over 30 days. No numerical discrepancy is present in the supplied coverage. Their editorial emphasis differs slightly, however. U.Today concentrates on Ripple reclaiming the lead over Ethena, while Crypto Economy supplies the fuller competitive picture by including Open Standard’s second-place result and Ethena’s third-place gain.
Verified aggregator data provide an additional current measure of Ethena’s on-chain footprint. DeFiLlama reports Ethena TVL of $5.31 billion, up 6.9% over seven days. That movement is distinct from the $78 million monthly stablecoin market-capitalization increase cited in the issuer ranking, but it shows that Ethena’s broader tracked liquidity footprint expanded over the latest week.
Live market conditions are comparatively weak. The total crypto market capitalization stands at $2.45 trillion, with the overall market broadly lower. 
Bitcoin is down 3.51% over 24 hours, while the Fear & Greed index is at 20, categorized as Extreme Fear. Ethena’s ENA token trades at $0.140424, down 4.01% over 24 hours and 13.22% over seven days, with a market capitalization of $1.9 billion.
The next monthly comparison will show whether Ripple’s $258.2 million lead persists and whether Ethena or Open Standard closes the gap. Ethena’s TVL trajectory and token performance offer related indicators of current activity, although the supplied data do not establish a direct connection between the seven-day TVL increase and its $78 million monthly capitalization gain.
Since this brief published about 44 minutes ago, Ethena (ENA) has moved from $0.1404 to $0.139 — -0.99%.
The chart plots ENA's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ENA ≈ ₦195.63 (about $0.139), down 5.6% over 24 hours. The naira itself trades about 4.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · November 13, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple Tops 30-Day Stablecoin Capitalization Growth Rankings — questions & answers
How much did Ripple add in stablecoin market capitalization?
Ripple’s stablecoin market capitalization increased by $258.2 million over the 30-day period measured as of November 12, 2026.
Did Ripple overtake Ethena in monthly growth?
Yes. U.Today reported that Ripple flipped Ethena once again to take the lead in stablecoin market-capitalization growth.
Who placed second and third in the monthly ranking?
Crypto Economy reported Open Standard in second with $165.1 million of growth and Ethena in third with $78 million.
What is Ethena’s current TVL and seven-day change?
DeFiLlama reports Ethena TVL of $5.31 billion, up 6.9% over seven days.
How much is 1 Ethena worth in naira today?
About ₦195.63 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.139. The naira price moves with both ENA's US-dollar price and the USDT/NGN rate; use our Ethena in naira page for any amount.
Has Ethena's price moved since this brief was published?
ENA is down 0.99% since this brief first published — trading at $0.139 now versus $0.1404 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Economy, U.Today, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.