CandleFocus Ripple Performs RLUSD Tokens Biggest Mint on XRPL
2024-09-24
Author: Content Editor
Ripple is advancing beta testing for its upcoming stablecoin, Ripple USD (RLUSD), on both the Ethereum network and the XRP Ledger (XRPL). The company recently issued 485 RLUSD tokens, the largest release during the testing phase, bringing the maximum total supply to 563 tokens. The issuance has sparked discussions within the XRPL community about potential price movements, with some speculating that XRP's value could surge if it matched RLUSD's value of $1. Despite the stablecoin initiative, Ripple's CTO expressed a preference for XRP over RLUSD for payment purposes on the XRPL.
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