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71 Greed

Ripple stablecoin RLUSD total market supply reaches two billion five hundred million

Ripple stablecoin RLUSD total market supply reaches two billion five hundred million Image: The Crypto Basic
Image via The Crypto Basic.

Ripple minted seven hundred ninety million dollars worth of its RLUSD stablecoin over thirty days. The total supply and market capitalization both surpassed two billion five hundred million dollars. The stablecoin reached over twelve thousand six hundred holders. Ethereum holds a larger RLUSD supply than the XRP Ledger.

Key points

  1. The total market supply and capitalization of RLUSD surpassed two billion five hundred million dollars.
  2. Ripple minted seven hundred ninety million dollars worth of RLUSD over the past thirty days.
  3. The stablecoin has over twelve thousand six hundred holders within about two years of launch.
  4. The Ethereum network hosts a larger RLUSD supply than the XRP Ledger.

Why it matters

Growth in stablecoin supply and cross-chain deployment changes liquidity distribution between Ethereum and the XRP Ledger for crypto users.

Price context · RLUSD

At publication
$1.0000
Now
$1.00
Change since
+0.00%
7 days · dashed line = publication

Sources · 2 publishers

U.Today Tier 2 First report
2.5 Billion RLUSD Supply Unlocked: Ripple's Stablecoin Hits New Milestone
The Crypto Basic Tier 2
Ripple Stablecoin RLUSD Crosses $2.5B Amid $790M Deployment

Coverage timeline

  1. First reported by U.Today
  2. Confirmed by The Crypto Basic
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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