Despite the downturn in the crypto market, there is a significant growth in the stablecoin market cap.The total stablecoin market has surpassed $220 billion and continues to grow.Ripple's recently launched stablecoin, RLUSD, is gaining traction and attracting inflows.The growth of the stablecoin market cap is seen as a buildup of liquidity, ready to re-enter the market when sentiment becomes bullish.