Ripple's RLUSD Hits Record $1.881B Market Cap as 200M Token Mint Shatters XRP Ledger History

XRP0.65%

According to market analyst Xaif Crypto, Ripple's XRP Ledger recorded its largest RLUSD mint in history after 200 million RLUSD was issued in a single transaction from the RLUSD Treasury yesterday. Market observers interpret the scale of this mint as a signal that Ripple is accelerating its institutional liquidity strategy across the XRP Ledger ecosystem.

RLUSD's market capitalization climbed to $1.881 billion, an all-time high per CoinMarketCap data, less than two years after launch. Analysts attribute the growth to rising institutional demand for faster, blockchain-based settlement infrastructure and cross-border liquidity solutions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments