Ripple’s RLUSD stablecoin showed sharply different usage patterns across XRP Ledger and Ethereum over the past 30 days, according to a Techub News summary citing U.Today. On XRP Ledger, Ripple issued about $449 million worth of RLUSD during the period and burned roughly the same amount as institutional clients redeemed tokens, leaving the burn rate at 99% and net supply growth close to zero. On Ethereum, RLUSD issuance reached $403 million while $177 million was burned, resulting in net inflows of more than $225 million. RLUSD’s total circulating supply now stands at about $1.757 billion, split almost evenly between the two networks, with 50.2% on XRP Ledger and 49.8% on Ethereum. The report said the pattern suggests institutions are leaning toward XRP Ledger for real-time settlement, while the Ethereum version is seeing stronger demand from DeFi users holding the stablecoin for longer periods.
Ripple issued about $449 million of its RLUSD stablecoin on the XRP Ledger over the past 30 days, while roughly $449 million was burned in the same period as institutional clients redeemed tokens, leaving the burn rate at 99% and net supply growth close to zero, according to Techub News, citing U.Today.
Over the same stretch, RLUSD on Ethereum saw $403 million in issuance and $177 million in burns, producing net inflows of more than $225 million.
RLUSD’s total circulating supply currently stands at about $1.757 billion. The distribution between XRP Ledger and Ethereum is 50.2% and 49.8%, respectively. U.Today said the split points to institutions favoring XRP Ledger for real-time settlement, while the Ethereum version appears to be more attractive for longer-term holding in DeFi.
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