Topic: #rlusd
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Ripple's $50M RLUSD Mint on Ethereum Narrows XRP Ledger Gap
Ripple issued 50 million RLUSD tokens on Ethereum, pushing the stablecoin's total circulating supply to $1.63 billion and narrowing the supply gap with XRP Ledger to just $5.7 million. Capital is flowing from Ripple's native network to Ethereum as corporate clients prefer the latter's infrastructure.
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Ripple Cuts RLUSD Ethereum Supply to $692M in Stablecoin Rebalancing
Ripple USD (RLUSD) supply on Ethereum has fallen to $692 million from a February peak of $1.24 billion, as Ripple adjusts stablecoin circulation through burns. The shift reflects RLUSD's growing dominance on XRP Ledger, where supply has surged to roughly $800 million since end of 2024.