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Ripple's dollar-pegged stablecoin RLUSD has passed $2 billion in market capitalization, with more than $1 billion of that supply issued on the XRP Ledger, according to stablecoin SVP Jack McDonald, who flagged the release of the July independent attestation report. The split matters because roughly half of RLUSD now sits on XRPL rather than Ethereum, adding native settlement liquidity and collateral depth that supports XRP-based trading pairs and payment flows, while the reserve mix of dollar deposits, US Treasuries and cash equivalents ties the float to short-dated bill demand. Watch whether XRPL's share of issuance keeps expanding relative to Ethereum and whether subsequent attestations confirm reserve composition, since supply growth without matching on-chain transaction and DeFi usage would leave the milestone as a balance-sheet figure rather than a durable liquidity gain for XRP.
As a Crypto signal, watch whether it changes price action, volatility, or flows around XRP, ETH.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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