【Market Brief】The stablecoin supply on the XRP Ledger has reached $1.338 billion (as of October 7), with Ripple’s RLUSD accounting for 93.17%. However, the report reminds: fees and account reserve requirements on XRPL need to be paid in the native token $XRP , while the principal of stablecoins and tokenized funds can remain in other assets. Bridge routes and liquidity pools funded with XRP create another kind of demand for holding XRP—providing movable inventory for trading and payments.

#XRP #XRPL #stablecoins

(Source: CryptoSlate)
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