XRP News: Ripple’s Own Stablecoin Prefers Ethereum Over XRP, Here’s How

The post XRP News: Ripple’s Own Stablecoin Prefers Ethereum Over XRP, Here’s How appeared first on Coinpedia Fintech News

Ripple’s dollar-backed stablecoin RLUSD has a total circulation of approximately $1.63 billion. Of that, $879 million sits on Ethereum, and $760 million sits on the XRP Ledger, a 53 to 47 split in Ethereum’s favour as per reports. Ripple markets RLUSD as a flagship product of the XRP Ledger’s enterprise readiness. The majority of its …