Official announcements from Ripple or blockchain transaction records

Ripple Mints 350,000 RLUSD Stablecoins in 24 Hours on XRPL and Ethereum

Sep 28, 2024, 11:05 PM

Ripple has recently minted 350,000 RLUSD stablecoins within 24 hours as part of its ongoing testing efforts. The minting occurred on both the XRPL and Ethereum blockchains, aiming to make the RLUSD stablecoin robust across multiple chains. This follows previous mints, including 300,000 RLUSD and 50,000 RLUSD, highlighting Ripple's commitment to enhancing its stablecoin offerings. The RLUSD stablecoin is not yet available for trading as it awaits regulatory approval.