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XRP involved in 92% of $1.65B RLUSD swaps, showing stablecoin boosts XRP demand, not replaces it.

Market News
10 Nov 2026, 18:12 WIB
Dailycoin
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Bullish
XRP involved in 92% of $1.65B RLUSD swaps, showing stablecoin boosts XRP demand, not replaces it.

Evernorth's report reveals that 92% of the $1.65 billion RLUSD swap volume on the XRP Ledger's decentralized exchange involved XRP pairs in 2026. This data counters speculation that RLUSD displaces XRP, instead showing that the stablecoin's growth complements and increases demand for XRP. Ripple's recent regulatory gains and partnerships, including a U.S. bank license and SWIFT testing in Europe, support further adoption of RLUSD and XRP. Evernorth's XRP treasury and tokenization efforts aim to expand XRP exposure, though price gains depend on market support above $1.10.

XRP is currently priced at Rp18.981 on Pluang, showing a 5.38% decline in the last day. The token's market cap stands at Rp1.203,35 trillion as of Nov 10, 2026 23:22 WIB, with active trading volume of Rp44,51 trillion and a typical hold time of 73 days among investors.

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