XRP Ledger Stablecoin Supply Climbs to $1.33B, RLUSD Accounts for 93%
- —XRP Ledger stablecoin supply hit $1.33 billion, up 14.6% in a week
- —RLUSD makes up 93% of network liquidity at $1.24 billion
- —RLUSD global circulation surpassed $2.4 billion
- —RLUSD reserves exceed $2.53 billion, redeemable 1:1 for USD
Why it matters: RLUSD's expansion cements the XRP Ledger as a venue for dollar liquidity and drives demand for XRP reserves used to open trust lines.
Source: Crypto Economy