XRP Ledger Under Fire: Just 110 Wallets Drive 99.6% of RLUSD Payments
Photo: Crypto Economy
TL;DR Just 110 wallets accounted for 99.6% of RLUSD payments on the XRP Ledger over 30 days, processing nearly 7.8 million transactions worth only $7,722. Automated transfers represented 45.6% of the network’s account-to-account payments during one week, complicating efforts to measure organic adoption. The decline in bot activity coincided with Cross River Bank’s integration of ... Read more
Source: Crypto Economy
