Ripple's RLUSD supply hits all-time high, XRP lags behind
- —RLUSD supply reached a new all-time high
- —XRP price is not following the stablecoin's growth
- —RLUSD is Ripple's stablecoin pegged to the US dollar
Why it matters: The growth in RLUSD issuance strengthens Ripple's position in the stablecoin segment, but does not translate into demand for XRP.
Source: Google News (crypto query)