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XRP dropped to a multiweek low while Stellar's XLM gained over 20% after the DTCC announced plans to tokenize assets on the Stellar network.
XRP fell to a multiweek low while Stellar’s XLM climbed following a partnership announcement between the Depository Trust and Clearing Corporation (DTCC) and the Stellar Development Foundation [1]. XRP briefly touched $1.265 on May 28, its lowest level since early April, while XLM rose approximately 22% in 24 hours as the total cryptocurrency market capitalization declined to $2.58 trillion [1].
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Most institutional transactions on the ledger use Ripple's stablecoin, RLUSD, for settlement, while XRP is only used to pay minimal network fees.
The kit provides tools for third parties to build agentic payments, aiming to automate cross-border payment workflows using AI agents.
Distributed assets are held and moved by investors in their own wallets, while represented assets are recorded on the ledger but managed elsewhere.
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jun 4, 2026 · How we report
The activation of a native lending protocol and the potential for tokenized assets to trade directly on the ledger could create new utility for XRP.