#CryptoIn401k #CryptoIn401k In a world governed by effective reliability as a measure of long-term currency evaluation, these figures stand out amidst market fluctuations. Among the main factors is the growth of stablecoin usage on the XRPL network.
For example, in Brazil, Braza Bank issued more than 4.2 million dollars of its stablecoin BBRL on the XRPL network in July, making it the second largest stablecoin in Brazilian reais after Transfero Group's BRZ.
In the United States, the daily transfer volume of the stablecoin RLUSD issued by Ripple doubled, rising from 5000 to over 12000 transfers per day in just one month.
This data reflects a growing adoption of token solutions on XRPL, going beyond mere speculation. With the effective use of the network, confidence in XRP is strengthening, and technical analysis is receiving real support from the digital economy.
Moreover, an improvement in economic conditions, such as the possibility of an interest rate cut by the Federal Reserve in September, could have an additional impact reinforcing the appeal of high-risk assets like cryptocurrencies.
đ„ If the bullish scenario materializes, the symbolic level of 4 dollars could be tested in the coming weeks.
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