XRP Used as Bridge Asset in 11,009 XRPL DEX Trades, Facilitating 246,000 XRP in Swaps

XRP was used as a bridge asset in 11,009 trades on the XRP Ledger (XRPL) decentralized exchange (DEX) last week, with 246,000 XRP facilitating swaps between different tokens. XRPL validator Vet, also known as Hussain Zangana, shared the figures in a post on X, highlighting the role of XRP in providing liquidity between assets traded on the network. According to Vet, RLUSD, Bchamp, Fuzzy, XAH, LHT, and Army were among the tokens involved in trades that used XRP as a bridge asset to improve liquidity.

Source: The Crypto Basic