Ripple Sets New Record for RLUSD Token Issuance on XRPL and ETH
Ripple, a leading payments provider, has achieved a significant milestone in the beta testing of its Ripple USD (RLUSD) stablecoin. In a groundbreaking move, the company has issued the largest batch of RLUSD tokens to date, totaling 485. This issuance, which took place at 12:28 AM UTC, has resulted in a substantial increase in the overall supply of RLUSD, which now stands at 563. This development is a significant achievement as it signals a pivotal moment in the testing phase of both the Ethereum network and the XRP Ledger (XRPL).