RLUSD is Back, Baby!
Hold onto your hats, crypto crazies! ๐ค Ripple Labs, those whizz-bang blockchain wizards, have decided to sprinkle a heaping helping of RLUSD into the world. A whopping 3,100,000 RLUSD just popped into existence, according to the Ripple Stablecoin Tracker on X.
RLUSD: Back From the Minting Graveyard
Seems like these fellas took a little holiday break after minting 625,000 RLUSD on February 10th. ๐ด But they’re back with a vengeance, proving that the XRP Ledger is buzzing with stablecoin action! ๐
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต 3,100,000 #RLUSD minted at RLUSD Treasury.
โ Ripple Stablecoin Tracker (@RL_Tracker) February 27, 2025
RLUSD, the new kid on the stablecoin block, is making waves! ๐ With a circulating supply of 53 million, this fresh batch of tokens brings the total to a sprightly 56 million.
And don’t even get me started on its performance! ๐ RLUSD is trading like a hot potato, with a 24-hour volume of $157.39 million. That’s way more than its rivals Ethena USDe ($118 million) and Circleโs EURC ($24.4 million). Looks like RLUSD is taking the crown! ๐
RLUSD: The Utility King?
Ripple Labs is playing hardball, partnering up with the big guns like Revolut and Zero Hash to make RLUSD accessible to everyone! ๐ค It’s even making ripples in the AMM liquidity pools on the XRP Ledger. And rumor has it, they’re eyeing the Cardano protocol next! ๐คฏ
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2025-02-27 18:57