Ripple’s native token became one of the poorest performers over the past few weeks, even though the lawsuit against the SEC ended. But there’s more, so let’s hop in on the latest developments in its ecosystem.
Record-setting minting of RLUSD
Ripple’s native stablecoin, which saw the light of day in mid-December after years of development and fighting US regulators, has been rather sluggish in terms of catching up to the big leagues. Data from CoinMarketCap shows that RLUSD is the 12th-largest stablecoin in the crypto market, with circulating supply of just over 240 million tokens.
However, the past 24 hours were much more positive for the asset. Data from its tracker shows that 50 million RLUSD were minted at the project’s treasury, setting the record for the biggest mint in its three-and-a-half-month history.
50,000,000 #RLUSD minted at RLUSD Treasury.https://t.co/hf8GfYG3cy
— Ripple Stablecoin Tracker (@RL_Tracker) March 31, 2025
Truth about XRP ETF hopes
Even ahead of
We współpracy z: https://cryptopotato.com/ripple-xrp-news-april-1/
