RLUSD supply fell 29% on XRPL. One XRP trading pool barely changed

XRPL's reported RLUSD supply fell almost 29% in a day, but a sampled XRP/RLUSD trading pool did not lose a comparable share of its reserves. Across ledger observations from Oct. 29 to Oct. 31, the pool's XRP balance slipped less than 1%, while its RLUSD balance increased slightly. The contrast matters for XRP holders deciding whether they can trade into Ripple's dollar stablecoin. DefiLlama's Oct. 31 RLUSD chain breakdown showed 707 million tokens on XRPL, down 28.7% over its displayed one-day window. Yet funded RLUSD offers available to XRP sellers increased in the captured order-book sample.

Source: CryptoSlate