XRPL stablecoin supply reaches $1.126 billion
Monthly decentralized exchange volume more than doubled to $253 million, CryptoSlate says, but that growth doesn't establish sustained demand for XRP.
TLDR
CryptoSlate reports that stablecoin supply on the XRP Ledger reached $1.126 billion as monthly decentralized exchange volume more than doubled to $253 million. The publisher says those gains don't establish sustained XRP demand: trades can bypass XRP, and the data doesn't show how much volume uses it or how long market makers hold it.
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