Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million.
The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024.
Data from Artemis shows the additional issuance coincided with a 38% increase in weekly transfer volume, which climbed to $648.1 million from $469.7 million seven days earlier.
It is close to the weekly transfer volume peak registered between April 21 and 27, when users moved $741 million using RLUSD.
Yet, the token accounts for roughly 0.1% of the $236 billion stablecoin market. USDT, the largest dollar-pegged stablecoin, grew 0.57% to $157.9 billion, while USDC edged 0.33% lower to $59.6 billion.
Smaller issuers such as PYUSD and USDS posted single-digit percentage gains.
Ripple mints RLUSD under a New York trust-company license and records each token against
We współpracy z: https://cryptoslate.com/rlusd-surpasses-300m-supply-as-ripple-secures-uae-backing/
