3,100,000 Ripple USD (RLUSD) Minted on XRP Ledger: Details

RLUSD is Back, Baby!

3,100,000 <a href="https://bbg-news.com/xrp-usd/">Ripple</a> USD (RLUSD) Minted on <a href="https://investment-policy.com/xrp-usd/">XRP</a> Ledger: Details

Hold onto your hats, crypto crazies! ๐Ÿค  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. ๐Ÿ˜ด But they’re back with a vengeance, proving that the XRP Ledger is buzzing with stablecoin action! ๐Ÿ

๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต 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! ๐ŸŒŠ 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! ๐Ÿš€ 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 Circleโ€™s EURC ($24.4 million). Looks like RLUSD is taking the crown! ๐Ÿ‘‘

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! ๐Ÿค 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! ๐Ÿคฏ

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2025-02-27 18:57