RLUSD is Back, Baby!
Hold onto your hats, crypto crazies! π€ 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. π΄ But they’re back with a vengeance, proving that the XRP Ledger is buzzing with stablecoin action! π
π΅π΅π΅π΅π΅π΅π΅π΅π΅ 3,100,000 #RLUSD minted at RLUSD Treasury.
β Ripple Stablecoin Tracker (@RL_Tracker) February 27, 2025
RLUSD, the new kid on the stablecoin block, is making waves! π 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! π 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 Circleβs EURC ($24.4 million). Looks like RLUSD is taking the crown! π
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! π€ 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! π€―
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2025-02-27 18:57