RLUSD supply down 29% on XRPL, but one XRP trading pool stayed steady
Ledger data shows the RLUSD supply on the XRP Ledger fell 29%. Reserves in an XRP/RLUSD trading pool barely moved, and the cause of the drop is still unclear. Traders may want to watch for more details before reading much into the decline.
Why it matters
- Reported RLUSD supply on XRPL dropped 29%, a large move for traders to note.
- XRP/RLUSD pool reserves look similar to before, so the pool did not show the same drop.
- Funded offers are uneven across the pool, which may affect how easily trades fill.
What to watch next
Watch for an official explanation of what caused the RLUSD supply decline and any change in XRP/RLUSD pool reserves.
