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Ripple Mints More RLUSD Stablecoins Amid XRP Price Rally

Guavy AI Editorial Team
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XRP LUSD
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Ripple has minted an additional 900,000 RLUSD stablecoins amidst XRP's sharp price rally. The token surged nearly 19% in the past 24 hours to a high of $1.24.

This latest issuance follows several large RLUSD issuances and burns, indicating active management of the stablecoin's circulating supply rather than simple expansion.

XRP's strong performance, with gains over 18% in one day and over 21% in a week, highlights growing investor interest in Ripple's ecosystem. The combined activity suggests increased liquidity and market attention around Ripple's stablecoin and cryptocurrency.

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