Bitcoin24h $60,487.74-2.07%

Ethereum24h $1,579.83-4.47%

BNB24h $568.72-0.18%

XRP24h $1.05-3.34%

Solana24h $70.62+1.91%

TRON24h $0.3223-2.05%

Hyperliquid24h $64.38+0.84%

Dogecoin24h $0.0749-2.82%

UNUS SED LEO24h $9.30-1.34%

Zcash24h $412.57-1.17%

Ripple used Ethereum to list its RLUSD stablecoin in Japan

Ripple’s RLUSD became Japan’s first Type 4 instrument, but the only version that holders in the country can use runs on Ethereum.

Most of Ripple’s own stablecoin lives on Ethereum

$879 million of the $1.63 billion worth of tokens in circulation sits on Ethereum versus $760 million on the XRP Ledger.

Despite its $69B market cap, the XRP Ledger earns a de minimis amount of chain fees. For scale, Bitcoin users paid miners $183K in fees.

XRP Ledger co-creator David Schwartz was talking about hard forks this weekend as the majority of nodes have failed to upgrade.

“You can buy Ripple stock… but you probably shouldn’t,” David Schwartz posted today to a prospective Ripple investor.