Crypto
Millions of Payments on XRP Ledger Fail to Move Token
An AI-payment hub on the XRP Ledger has recorded almost 4.5 million transactions while settling only a few thousand XRP.
Near press time, the XRPL AI Hub, a dashboard run by t54 labs, showed 4,491,820 all-time transactions alongside cumulative settlements of 5,836.71 XRP and 4,125.29 RLUSD, Ripple's dollar stablecoin.
The figures cover the hub's tracked activity, not all payments on the ledger.
For XRP holders, the distinction is between a service processing frequent payments and one generating substantial demand to buy and hold the token.