110 Wallets Generated 99.6% of RLUSD Payments on XRP Ledger
- —110 wallets produced 7.79 million of 7.82 million RLUSD payments in 30 days
- —Those transfers moved only 7,722 RLUSD, averaging about $0.001 each
- —14,600 larger payments moved $7.33 billion, with 10 wallets at 82% of volume
- —Activity collapsed on October 14–16, coinciding with Cross River Bank's RLUSD announcement
Why it matters: The data shows RLUSD transaction counts overstate real demand, so XRP holders should watch transfer size and wallet concentration instead.
Source: Coinpaper