Ripple Labs has minted 3.1 million RLUSD, its dollar-pegged stablecoin, marking the first release in 17 days. The new tokens were minted on the XRP Ledger, indicating the growth of the stablecoin ecosystem in the region. RLUSD has gained traction in the industry, with a total circulating supply of 53 million, which will increase to 56 million with the new minting. RLUSD has outperformed its stablecoin rivals, with a trading volume of $157.39 million in 24 hours. Ripple Labs has been expanding its ecosystem through partnerships and recently secured listings on Revolut and Zero Hash. RLUSD also boosts liquidity pools on the XRP Ledger and there are talks to deploy it on the Cardano protocol.



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