Ethereum

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USDC

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<p dir="ltr">The XRP Ledger (XRPL) has some hidden metrics that many investors hardly pay attention to.&nbsp;<a href="https://xrpl.services/xrpl-statistics" rel="noopener noreferrer nofollow">According</a> to data from XRP Ledger Services, the layer-1 network boasts 60,878,621,751 XRP locked in users’ accounts. This is a significant holding, considering that the total XRP supply is 99,987,181,197 XRP.</p>
<h2 id="xrp-ledger-core-metrics-worth-watching">XRP Ledger core metrics worth watching</h2>
<p dir="ltr">As a high-performing protocol, <a href="https://u.today/ripple-president-ends-speculation-on-plans-for-xrp-ledger-foundation" rel="noopener noreferrer nofollow">XRP Ledger</a> has a total user count of 5,294,740. This is a significant milestone for the protocol, showcasing its broader reach beyond the primary Ripple Labs ecosystem.</p>
<p dir="ltr">In addition to the user count, 90,337,507 ledgers have been closed on the network already, a testament to the protocol's functionalities since its inception.</p>
<p dir="ltr">XRP Ledger also boasts a total of 39,108,559,446 XRP locked in escrow. This is important as it underscores the backing liquidity for transactions that go on-chain. These escrow funds also cement trust in XRP Ledger smart contracts, a crucial ideal boosting innovations on the protocol like the Automated Market Maker (AMM).</p>
<p dir="ltr">Notably, the Ripple-backed protocol has matched its counterpart in transactions, but more are expected soon.</p>
<h2 id="rlusd-stablecoin-to-make-the-difference">RLUSD Stablecoin to make the difference</h2>
<p dir="ltr">One unique feature of most public blockchains is the presence of a stablecoin that generally powers their liquidity. While USDT and USDC have launched on Ethereum as a native stablecoin, XRP Ledger is about to get its token through Ripple Labs.</p>
<p dir="ltr">The blockchain payments firm is in the last stages of the launch of the USDT rival it dubbed RLUSD. As&nbsp;<a href="https://u.today/ripple-stablecoin-makes-first-beta-steps-on-xrp-ledger" rel="noopener noreferrer nofollow">reported</a> earlier by U.Today, the firm recently conducted test minting for the proposed stablecoin on the XRPL and the Ethereum blockchain.</p>
<p>Ultimately, the goal is for the XRP Ledger to operate at a level comparable to its industry counterparts, and the&nbsp;<a href="https://u.today/ripple-president-breaks-silence-on-rlusd-stablecoin-implications-for-xrp" rel="noopener noreferrer nofollow">stablecoin may play a key role</a>.</p>

60.8 Billion XRP in XRP Ledger Addresses, 3 Key XRPL Metrics to Watch

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