Exchanges· ★★★· bearish·

Ripple formalizes business model that doesn't rely on XRP as RLUSD jumps 86%

  • —RLUSD volume rose 86% following Ripple's federal approval
  • —XRP-denominated payments fell by half
  • —Ripple's new business model does not depend on the XRP token
Why it matters: XRP's shrinking role in Ripple's core business weakens the token's investment case and could weigh on its price.
#XRP
Source: CriptoNoticias
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