Ripple Pumps Up RLUSD Supply Amid Rising Adoption
Ripple has added 811,026 more RLUSD tokens to its XRP Ledger on August 6. This move was confirmed by a triple signature multi-signature transaction with three signatures.
RLUSD surpassed the 50% threshold in the total stablecoin supply on XRPL in July. The next step for RLUSD will be determined by adoption from exchanges, users, and application integrations.