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Ripple Mints Additional 20,000,000 RLUSD on Ethereum as Supply Nears $2 Billion Goal
Ripple Labs has minted 20,000,000 new RLUSD tokens on the Ethereum network, adding to a series of recent issuance moves and burns. RLUSD’s circulating supply has climbed to 1.55 billion, an increase of over 2% in 24 hours, and the token has moved into the crypto top 50 by market capitalization. Ripple is pushing RLUSD growth through active treasury operations and new partnerships, including an integration-focused deal with Zand in the UAE.