Ripple, an enterprise blockchain company, has minted an additional 600,000 RLUSD tokens, bringing its reserve to roughly $83 million for more than $77.2 million issued in RLUSD. This means that RLUSD backing is over-collateralized by 7%. Ripple is expected to release an attestation report this month, revealing the composition of the backing assets. RLUSD was launched last month after obtaining approval from New York's regulator, and it was initially announced in April.
- Content Editor ( u.today )
- 2025-01-03
Ripple Mints 600,000 RLUSD Tokens Ahead of Attestation Report