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Singaporean Crypto Investors Boost XRP Holdings To 17%, Report Finds

  • Interest in XRP among Singaporean crypto investors has increased, with XRP holdings rising to 17% from 14% the previous year.
  • Bitcoin remains the most popular cryptocurrency, making up 68% of the average investor's portfolio in Singapore.
  • Monthly investments in cryptocurrencies vary, with 57% investing less than $500, 29% investing between $500 and $1,000, and 10% investing over $1,000 through dollar-cost averaging.
  • Stablecoins like RLUSD are gaining traction in Singapore, with 46% of respondents owning or having owned US-pegged assets, and Ripple's RLUSD reaching a $310 million market cap, emphasizing its use in cross-border payments and DeFi.

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