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Ripple Treasury Mints 30 Million RLUSD

U.Today ·

U.Today reports: The Ripple stablecoin treasury has minted 30 million Ripple USD (RLUSD), adding to the recent series of larger RLUSD issuance transactions for the USD-pegged token. A whopping 30 million RLUSD has been minted on the RLUSD Treasury in a single transaction, per the Ripple Stablecoin Tracker. This most recent RLUSD mint adds to the growing size of Ripple's stablecoin. As of Oct. 7, the market cap of RLUSD is estimated at around $2.53 billion, according to data from CoinGecko.…

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