Spark's RLUSD/USDS pool processes $453M in 30 days
- —$453M in volume over 30 days across 2,410 transactions
- —65.5% of flow tied to yield, lending and exchange wallets
- —Spark's own liquidity management was just 4% of volume
- —The broader FX Layer has processed over $12B cumulatively
Why it matters: The USDS base-pair design shows how new stablecoins can plug into shared liquidity instead of building isolated pools from scratch.
Source: Crypto Briefing