XRP Is Down 50%, and a $785 Million Stablecoin May Be Part of the Problem

XRP (XRP) price has fallen 50% over the past year, even as activity on its network climbs toward record highs. The flood of money behind that activity may be part of the reason the price keeps struggling to recover. The driver is RLUSD, Ripple’s stablecoin, a token built to hold a steady value near one
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