AI Settlement Volume of Ripple Dollar Increases by 103% in 7 Days
Prefer us on GoogleThe settlement volume of AI agents using Ripple Dollar (RLUSD) has increased by 103% over the past seven days, reaching 135.99 tokens. During the same period, the settlement volume of XRP decreased by 6% to 214.10 tokens. The total number of transactions by AI agents rose by 51%, totaling 378,720 transactions. The price of XRP fell from $1.5475 on August 23 to $1.4041 on August 27. It is analyzed that AI agents have increased their proportion of RLUSD to manage payment budgets in dollar terms. The current 7-day tab of the XRPL AI Hub shows settlements of 5,474.47 XRP and 2,423.02 RLUSD, with a total transaction count of 2,614,905. Ripple designed the XRPL AI Starter Kit, released in June, to enable AI agents to perform automatic payments. As of August 20, the circulating supply of RLUSD has increased to $1.8665 billion, and Ripple has expanded the release of RLUSD in Turkey and Japan. While it is difficult to definitively conclude the impact of XRP price increases on RLUSD demand, this data shows that volatile tokens and dollar-pegged stablecoins can be used for different payment purposes.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Over 100 Companies Urge Strengthening of AI Cyber Defense
Mantle stablecoins and tokenized assets reach $880M
DefiLlama Ranks 128 Cryptos: Only One Receives AAA Rating
Villa Soldati: The CABA Neighborhood with the Highest Delinquency Rate
Mysterious $23 Million Bitcoin-Monero Swap: The Viral Video That Raises Questions
Bitcoin’s bottom signal is flashing, but six months of data shows a trap waiting for early buyers
Project that Turns Recycling into Income Wins UNICEF's Youth Challenge Blockchain
ATF Confirms Major Incident Following Qilin's Appearance on Its Leak Site
Encrypted Code Reveals $44 Million Transactions in a 'Cold Wallet' Linked to Cerimedo
Is the Jackson Hole central bank retreat now a crypto conference?
Stable Sea adds 2 WisdomTree funds for corporate cash
Nvidia Earnings Beat and Gold Price Outlook: How Jackson Hole Could Move NVDA and Gold
Votorantim Exchanges Nexa for $1.3 Billion Stake in Boliden
Youth May Have to Spend Up to 76% of Their Salary on Rent: Where Housing is Most Expensive
Coinbase Opens Real Estate to Millions of Bitcoin Holders
"Exit from Closed Systems". What Will Change in the CFA Market from September 1
The dollar takes a breather after the price fixing for bond payments linked to the exchange rate
Correlation Trading Pairs to Propel AMM into Larger Markets, Founder Explains
Banking Processing in the New Reality: Digital Ruble and Cryptocurrencies for Foreign Trade
QA and Intelligent Automation: Banks and Insurers Drive Demand in Brazil
Postquant Labs launches the first quantum cross-chain swaps
The SEC Sends Its Overhaul of Crypto Custody Rules to the White House Without Revealing the Content
8-12% Promised, 5-6% Received: Expert Discusses Real Estate Returns in Europe
Community Banks Warn Clarity Act Could Drain Up to $47 Billion in Deposits if Stablecoin Yield Clause Remains
"Wallet Killers" in Your Browser: 40 Malicious Firefox Extensions Stealing Your Private Keys
Countdown for FAL: A showdown between banks and brokerage firms to attract companies
Investor Becomes Multimillionaire After Recovering 61 Bitcoins Purchased in 2011
Crypto Cards Surpass One Billion, Visa Leads the Way
North America’s AI Data Center Demand in 2027 Expected to Be Twice the Deliverable Supply, Power Becomes a Decisive Constraint
How to Trade NVDA, AAPL, and Gold Without a Brokerage Account
Over 100 Companies Urge Strengthening of AI Cyber Defense
Mantle stablecoins and tokenized assets reach $880M
DefiLlama Ranks 128 Cryptos: Only One Receives AAA Rating
Villa Soldati: The CABA Neighborhood with the Highest Delinquency Rate
Mysterious $23 Million Bitcoin-Monero Swap: The Viral Video That Raises Questions
Bitcoin’s bottom signal is flashing, but six months of data shows a trap waiting for early buyers
