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Ripple Expands RLUSD Liquidity Across Supported Networks

Guavy AI Editorial Team
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ETH XRP LUSD
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Ripple has moved $1.36 million in RLUSD stablecoins from the XRP Ledger to the Ethereum blockchain.

The company burned the tokens on XRP and minted the same amount on Ethereum, a move that likely aims to expand RLUSD liquidity across supported networks.

This cross-chain repositioning reflects Ripple's strategy to rebalance and grow the stablecoin's presence on Ethereum, potentially enhancing access and adoption on the network.

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