XRPL’s $1.34B Stablecoin Base Conceals True XRP Demand Among Users
Key Highlights: Ripple’s October 1 transparency report records $RLUSD circulation at $2,509.8 million across supported blockchains, backed by $2,633.8 million in dollar and cash-equivalent reserves. On the XRP Ledger (XRPL), transaction fees are destroyed at a minimum standard cost of 10 drops (0.00001 $XRP), while account and object reserve requirements lock up tokens rather than ...