Santiment: RLUSD growth does not directly translate into XRP price gains

• —RLUSD market cap is rising while XRP's price declines, so the two assets are not moving in tandem
• —XRP burned as fees on RLUSD transactions is too small to affect the price
• —RLUSD runs on blockchains beyond XRPL, so gains are not concentrated in XRP
• —Standard Chartered's RLUSD custody is live, but the LMAX collateral integration is not yet complete