Ripple has executed the largest single mint in the history of its RLUSD stablecoin, creating 69 million RLUSD tokens directly on the XRP Ledger (XRPL). According to on-chain data, the newly minted tokens appear to be routed to the Gemini exchange, signaling increased liquidity and potential trading demand for the fast-growing stablecoin.
Ripple Mints Record 69 Million RLUSD on XRP Ledger as Stablecoin Market Cap Surpasses $1.5B
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