Markets
Sharks bought $36.4 million of RLUSD in a day. Over the week, whales sold $12 million net
Two wallets made 37 trades in Ripple's stablecoin in 24 hours. One of them, with $97 million on DeepSea, swaps it in blocks of up to $4.5 million.
Guides
What is the XRP Ledger? How XRP works with no mining, and what Ripple holds
The XRP Ledger has run since 2012 and settles a new ledger every 4 to 6 seconds without mining. XRP is its coin, Ripple is a company that does not own it but reported holding 37.66 billion XRP at midyear, and RLUSD is Ripple's stablecoin on it.
DeFi
RLUSD's big week: a federal trust bank on Monday, an A2 Moody's rating on Tuesday
Ripple's $2.5 billion stablecoin won final OCC approval for a national trust bank to hold its reserves, then got an investment-grade A2 rating from Moody's a day later. It still trails PayPal's PYUSD.