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RLUSD Stablecoin Supply on XRP Ledger Dropped 29 Percent
(4 hours ago) · 1 source · Summarized by CryptoBipto
The supply of RLUSD, a stablecoin, fell by 29% on the XRP Ledger (XRPL). Despite this significant decline in supply, at least one XRP trading pool on the network showed minimal change in activity or composition.
WHY IT MATTERS
A stablecoin is a type of cryptocurrency designed to maintain a steady value, usually pegged to a traditional currency like the US dollar.
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SOURCES
- cryptoslate.com
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XRPStablecoinsXRP LedgerLiquidityRLUSD
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