AI Wallets Dump XRP for Dollar-Pegged Stablecoins Amid Price Volatility
The imbalance between XRP and RLUSD in AI wallets has reached a staggering 105%.
Recent data from the XRPL AI Hub dashboard reveals that autonomous algorithms are increasingly favoring dollar-pegged stablecoin transactions, with a 7-day volume shift of 554,007 RLUSD compared to just 209 XRP.
This trend is largely driven by XRP's price behavior, which has been stuck in the $1.38, $1.50 range since August. As a result, AI agents are opting for more predictable transactions within RLUSD.
The impact of this shift is significant, with the total number of machine-generated transactions on XRPL surpassing 2.3 million this week.