Close Menu
Cryprovideos
    What's Hot

    President Milei Cleared in $LIBRA Ethics Probe

    June 8, 2025

    TRX $4 Billion Demand Zone Signifies The place Tron Worth is Headed

    June 8, 2025

    Dogecoin Teeters on Edge as $0.16 Help Turns into Make-or-Break – BlockNews

    June 8, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Ripple Mints File-Breaking Variety of RLUSD Tokens
    Ripple Mints File-Breaking Variety of RLUSD Tokens
    Markets

    Ripple Mints File-Breaking Variety of RLUSD Tokens

    By Crypto EditorApril 1, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    San Francisco-based blockchain firm Ripple has minted a record-breaking 50 million tokens on Ethereum. That is the most important single-batch mint so far by a big margin. 

    On high of the aforementioned sum, the corporate minted a complete of 61.3 million tokens in March. On March 17, Ripple issued greater than 28 million RLUSD.

    In line with CoinGecko knowledge, the full market cap of RLUSD has already swelled to $243 million. Nevertheless, the stablecoin, which was launched in December, nonetheless has an extended strategy to go earlier than it catches up with its main rivals. 

    For comparability, PayPal’s PYUSD has a market cap $753 million. Circle’s USDC stands at $60 billion whereas Tether is approaching $143 billion. 

    Associated

    Ripple Mints File-Breaking Variety of RLUSD Tokens

    That mentioned, as reported by U.At the moment, the stablecoin boasts the very best volume-to-market cap ratio. Peter Thiel-backed cryptocurrency alternate Bullish accounts for many of the token’s buying and selling exercise. 

    As reported by U.At the moment, Ripple CEO Brad Garlinghouse has said that the corporate is eyeing a high 5 placement amongst stablecoins for RLUSD by the top of this yr. To realize this bold purpose, it might must safe a market cap of greater than $3 billion. Dai (DAI), the fifth-largest stablecoin, is presently at $3.2 billion.  

    Jack McDonald, SVP of Stablecoin at Ripple, lately revealed that the stablecoin is rising at a quicker charge than initially anticipated. Other than DeFi liquidity swimming pools, the stablecoin can be being utilized by NGOs like Mercy Corps Ventures. 

    Analytics agency IntoTheBlock has said that RLUSD is presently positioned to turn out to be a significant participant within the stablecoin house primarily based on how a lot traction it has been gaining. 



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    President Milei Cleared in $LIBRA Ethics Probe

    June 8, 2025

    TRX $4 Billion Demand Zone Signifies The place Tron Worth is Headed

    June 8, 2025

    Dogecoin Teeters on Edge as $0.16 Help Turns into Make-or-Break – BlockNews

    June 8, 2025

    New Yorkers Warned of Pretend QR Codes Being Positioned on Parking Meters That Steal Victims’ Fee Data – The Day by day Hodl

    June 8, 2025
    Latest Posts

    Bitcoin Backing Urged as Musk-Trump Feud Escalates – Bitbo

    June 8, 2025

    Can Bitcoin Hyper Be the Subsequent Massive BTC Layer 2? Right here’s What to Know as Presale Heats Up

    June 8, 2025

    1 Bitcoin Up For Grabs On Netflix Actuality Present 'Home Of Streams'

    June 8, 2025

    Bitcoin Whale Breaks Silence With $26 Million Switch — What’s Going On?

    June 8, 2025

    Stellar (XLM) Dethrones Bitcoin Money (BCH) in Market Shift

    June 8, 2025

    Bitcoin Worth Approaches $106,000 As Resurgence Continues — However Watch Out For This Degree | Bitcoinist.com

    June 8, 2025

    Michael Saylor teases recent Bitcoin purchase after $1B inventory providing

    June 8, 2025

    New Bitcoin Layer 2 Presale Soars Previous $700K – Greatest New Crypto Coin to Purchase Now?

    June 8, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Trump’s DeFi order sparks CRV’s surge – Begin of a bullish run?

    April 11, 2025

    Asia holds crypto liquidity, however US Treasurys will unlock institutional funds

    April 12, 2025

    Solaxy Layer 2 ICO Soars Previous $44M With 11 Days Left – Greatest New Crypto Coin to Purchase Now?

    June 5, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.