Ripple Moves 42 Million RLUSD in 48 Hours—Is a Major Launch Around the Corner?

Share This Post

XRP News

The post Ripple Moves 42 Million RLUSD in 48 Hours—Is a Major Launch Around the Corner? appeared first on Coinpedia Fintech News

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.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Target

The anticipated launch of the Donald Trump World Liberty Financial (WLFI) token has globally faced challenges in raising the expected $300 million Thus, the fundraising activities have been described

Warren Vs. Deaton: Crypto Debate Raises Questions About Warren’s Hostile Stance

US Senator Elizabeth Warren’s crypto stance has been questioned after the debate against Pro-XRP Lawyer John Deaton The Senator’s seemingly less aggressive comments depart from her repeatedly

These Altcoins Are the Best Bets Ahead of the U.S. Election

The post These Altcoins Are the Best Bets Ahead of the US Election appeared first on Coinpedia Fintech News In a recent Crypto Banter podcast live, Ran Neuner discussed how Donald Trump’s rise in

Unstoppable Domains Launches Metamask Snap, Enabling Cross-Chain Name Resolution for 4 Million Users

Unstoppable Domains has announced the launch of Metamask Snap, an integration that allows for cross-chain name resolution for over 4 million users This new feature enables users to send and receive

Will SUI and Pyth Network Witness 2x Surge This Uptober?

The post Will SUI and Pyth Network Witness 2x Surge This Uptober appeared first on Coinpedia Fintech News As the Bitcoin price stabilizes above the $66,000 mark, the altcoins are making a comeback

Whale Trap at $3? FTT’s 16% Price Rally Raises Concerns of Manipulation

The post Whale Trap at $3 FTT’s 16% Price Rally Raises Concerns of Manipulation appeared first on Coinpedia Fintech News The FTT token price is back in action with a massive overnight surge