Ripple has made progress in the rollout of its stablecoin, RLUSD, by minting 10.5 million RLUSD tokens. The freshly created tokens were transferred to a secondary treasury account, indicating final preparations for market debut. The addition of RLUSD to the Extended Global Forex Data spreadsheet is seen as a critical milestone, reflecting its increasing relevance in the financial ecosystem. Ripple has conducted significant token movements, suggesting active preparation for launch. Speculation about RLUSD's launch timeline has intensified, with anticipation of an announcement in the coming weeks, potentially in December.
- Content Editor ( cryptonewsz.com )
- 2024-11-22
Ripple Mints Another $10.5M RLUSD, Launch This Month?