Ripple recently transferred 42 million RLUSD stablecoins within 48 hours, intensifying community excitement around the stablecoin’s potential launch. According to Ripple Stablecoin Tracker on X, Ripple minted and moved large RLUSD batches, with the largest transfer alone reaching 18 million RLUSD. CEO Brad Garlinghouse noted at Ripple’s annual Swell event that RLUSD aims to be the “gold standard” for enterprise stablecoins, emphasizing its foundation of trust and regulatory compliance. Ripple President Monica Long added that RLUSD would operate alongside XRP on the Ripple network, sparking further anticipation among XRP supporters about its future integration and liquidity.
We’d Love to Hear Your Thoughts on This Article!
Was this writing helpful?
Yes ( Loading ) No ( Loading )
Source: https://coinpedia.org/crypto-live-news/ripple-moves-42-million-rlusd-in-48-hours-is-a-major-launch-around-the-corner/