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XRP holds above 2 USD despite 8.2% decline this week

XRP’s value slightly decreased to 2.18 USD, yet it remains 50.4% higher than last month. A notable transfer of 30 million XRP worth 70.89 million USD from Upbit highlighted recent trading activity.

RLUSD, a fiat-backed cryptocurrency, boasts a market cap of 53 million USD. Ripple’s wallet holds over 73% of the total RLUSD supply, securing its 37th rank among stablecoins.

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