Ripple’s HUGE Stablecoin Twist: 82% ABANDONS Its OWN Chain!
Did you know 82% of Ripple's new stablecoin, RLUSD, is shunning its own network? In a shocking turn, Ripple's much-hyped RLUSD stablecoin has surged to a monumental $1.26 billion supply in just 12 months. Yet, the vast majority—a staggering 82%—now resides on Ethereum, not Ripple's native XRP Ledger, presenting a dramatic market paradox. This surprising divergence reveals Ethereum's irresistible pull, with its deep liquidity and mature DeFi protocols like Aave and Curve, offering a seamless environment where your money can move freely and efficiently. The XRPL, still building its DeFi foundation, struggles with friction points like trustlines that deter organic adoption and slow wallet-to-wallet distribution. Crucially, RLUSD on Ethereum isn't idle; data confirms high-velocity transfers and recurring institutional payments, signaling genuine product-market fit. This places Ripple in a precarious position: to achieve its ambition as a top-tier stablecoin issuer, it must currently rely on the infrastructure of its biggest rival. The future hinges on whether Ripple can leverage Ethereum's success to eventually supercharge its own chain, or risk cementing an insurmountable lead for its competitor. Don't miss out on these critical shifts shaping your financial future – subscribe to our channel for the latest insights into the volatile world of crypto finance!
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