On-chain data over a 24-hour period shows XRP serving as a bridge asset on the XRP Ledger's DEX, specifically in trades involving EUR and BRL. Notably, the networkOn-chain data over a 24-hour period shows XRP serving as a bridge asset on the XRP Ledger's DEX, specifically in trades involving EUR and BRL. Notably, the network
On-Chain Data Shows XRP Acting as Bridge for EUR and BRL Trades
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On-chain data over a 24-hour period shows XRP serving as a bridge asset on the XRP Ledger's DEX, specifically in trades involving EUR and BRL. Notably, the network recorded 477 auto-bridging events, with most activity across pairs such as EUROP/RLUSD, RLUSD/BBRL, and USDC/RLUSD, and about 15,000 XRP providing liquidity to secure better exchange rates.
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