This is how XRP was used as a bridge asset in the last 24h.

477 auto-bridging events occurred.

EUROP / RLUSD - 124 events (most active)

RLUSD / BBRL ( Braza Bank Brazilian Real Stablecoin) - 67 events

USDC / RLUSD - 46 events

Interestingly, RLUSD appears in majority if auto-bridging event. Clearly the most actively traded currency against other currencies where XRP gets used as the bridge.

> Total of ~15,000 XRP was used to provide liquidity for better exchange rates.

> 92% of all trades are Token/XRP pairs

> 8% of all trades are Token/Token pairs

out of all Token/Token trades, 0.8% were auto-bridged.

For the BBRL events, those amounts were small trades but still enough to trigger auto bridging. The XRPL DEX is so efficient that you can trade tiny amounts without friction.

XRP loves tokenization - long tail of assets.