Demand for XRP-backed RLUSD loans has surged recently, according to data from Blockster. This surge comes as a new Ethereum market fills within hours.
The GLOBE index, which tracks the value of various cryptocurrencies, currently stands at 12.4579/12.7096 with no change in percentage.
XRP-backed RLUSD loans are issued by various platforms, allowing users to borrow dollars backed by XRP collateral.
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