Ripple Mints 14 Million RLUSD on Ethereum, Stablecoin Nears $450M Market Cap

  • Ripple has minted 14 million RLUSD stablecoins on the Ethereum blockchain in a single day, marking the largest daily issuance since April 25, according to Ripple Stablecoin Tracker. This brings the total number of RLUSD tokens minted in June to 42 million, all of which have been issued on Ethereum rather than Ripples own XRP Ledger.