🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
🔵 Plasma’s (@PlasmaFDN) mainnet is right around the corner and is set to launch with $2.7B in total liquidity, including $2.2B in stablecoins, one of the strongest liquidity foundations for a new chain to date.
📊 Liquidity breakdown at launch:
▫️ $1B from the pre-deposit vault (filled almost instantly)
▫️ $1B via the @ Earn campaign
▫️ $200M through @maplefinance SyrupUSDT deposits
▫️ $500M from @ether_fi’s staking vault ( $ETH liquidity )
In the meanwhile, Plasma converted 588M $USDC into $USDT, effectively removing nearly 1% of USDC’s supply from circulation. These USDT will be available at launch to all the depositors into the vault, directly deployable in the various partner DApps.
This deep liquidity base strengthens Plasma’s position as a high-capacity settlement chain from day one, with stablecoins as a core pillar of activity.