🚨: Ripple Nears RLUSD Launch with $10.5M Minting
Ripple has minted 10.5 million RLUSD tokens, signaling significant progress in its stablecoin rollout. The tokens were minted on the XRP Ledger's RLUSD Treasury, sparking discussions about a potential launch soon.
Key developments include transferring RLUSD reserves to secondary treasury accounts and several transactions involving 35,000 RLUSD tokens. These actions suggest Ripple is strategically preparing the stablecoin for widespread use.
The RLUSD stablecoin has gained recognition in the XRP community and was recently added to the Extended Global Forex Data spreadsheet, positioning it alongside major fiat currencies and digital assets. This milestone highlights its growing importance for efficient cross-border transactions.
With structured transactions and growing adoption, rumors suggest a December launch is likely, avoiding delays into 2025. #XRP
Ripple has minted 10.5 million RLUSD tokens, signaling significant progress in its stablecoin rollout. The tokens were minted on the XRP Ledger's RLUSD Treasury, sparking discussions about a potential launch soon.
Key developments include transferring RLUSD reserves to secondary treasury accounts and several transactions involving 35,000 RLUSD tokens. These actions suggest Ripple is strategically preparing the stablecoin for widespread use.
The RLUSD stablecoin has gained recognition in the XRP community and was recently added to the Extended Global Forex Data spreadsheet, positioning it alongside major fiat currencies and digital assets. This milestone highlights its growing importance for efficient cross-border transactions.
With structured transactions and growing adoption, rumors suggest a December launch is likely, avoiding delays into 2025. #XRP