DeFi· ★★★· neutral·

Ripple Mints Another 19.6M RLUSD as Treasury Activity Picks Up

  • —38.6 million RLUSD minted on Ethereum in two transactions
  • —50.6 million RLUSD burned on the XRP Ledger in three transactions
  • —Net burn totaled 12 million RLUSD
  • —RLUSD market cap is around $2.42 billion
Why it matters: The surge in minting and burning reflects rising treasury activity and institutional demand for the stablecoin.
#RLUSD#XRP
Source: U.Today
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