On June 30, the cryptocurrency investment firm Evernorth released analysis data concerning the usage of the dollar-denominated stablecoin 'RLUSD' issued by U.S.-based Ripple on XRP.
According to the firm, the amount of RLUSD moved directly on XRP for settlement purposes (excluding trading on exchanges) grew from approximately $68 million in December 2024 to about $5.08 billion by May 2026, an increase of roughly 75 times...
