$1.36M Ripple Stablecoin Haul Swells Ethereum Dominance
Ripple transferred $1.36 million in RLUSD stablecoins from its native XRP Ledger to Ethereum, where it was minted seconds later.
The transfer rebalanced liquidity without increasing the total RLUSD supply and increased Ethereum's lead in RLUSD supply to around $350 million.
Ethereum now holds roughly 57.3% of the total RLUSD supply, valued at $1.38 billion, compared to $1.03 billion on XRP Ledger.