San FranciscoRLUSD’s transfer volume fell 25% this month.
Ripple’s $1.5 billion stablecoin, split across the XRP Ledger and Ethereum, is gaining holders yet moving less — held as a reserve asset, not spent.
Ripple launched Ripple Mint and invested in Notabene this week to push the token into institutional payment rails.
Sources: CoinDesk