Does RLUSD Eat XRP – Here’s What Onchain Data Say?

The post Does RLUSD Eat XRP – Here’s What Onchain Data Say? appeared first on Coinpedia Fintech News

Ever since Ripple launched its dollar-backed stablecoin RLUSD, many XRP holders have wondered whether it would reduce XRP’s role in the ecosystem. However, the latest on-chain report from one of the largest public XRP treasury companies, Evernorth, suggests the opposite. RLUSD Is Growing, But XRP Remains at the Center According to Evernoth onchain, RLUSD has …