More use of RLUSD = more XRP burned = higher XRP price?
Here are the advantages of XRP:
RLUSD operates solely on the XRP Ledger.
Each RLUSD transaction burns a small amount of XRP.
This gradually reduces the supply of XRP.
From an economic perspective, a reduction in supply coupled with rising demand often leads to price increases.
Thus, broader use of RLUSD may contribute to the long-term growth of XRP's value.
XRP Price Trends
1-Year Growth: +441.6%
Last 30 Days: -7.5%.
Despite the recent decline, long-term sentiment remains optimistic, especially considering that real use cases like RLUSD are gaining traction.$XRP $WCT $BMT