Fresh Ripple USD stablecoins (RLUSD) amounting to 150,000,000 RLUSD, which were recently minted at the Treasury, have been traced to Gemini Exchange. According to XRPL validator Vet, the minting came just after the exchange redeemed 128 million RLUSD on XRP Ledger.
Gemini Tags Ripple Community in Newly Minted 150 Million RLUSD
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