Ripple minted $30 million in RLUSD in a single day, here is what the supply data actually tells you

The XRP Ledger is not a place for long-term liquidity. With a 99% burn rate, XRPL is merely a high-speed pipe where RLUSD tokens are minted and immediately destroyed. Meanwhile, Ethereum is the true home for institutional capital, capturing over $225 million in net inflows while XRPL holds almost nothing. Is the XRP Ledger's utility limited to being a transient settlement rail, or does Ethereum’s dominance prove Ripple’s own chain is being sidelined? What’s your take?
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