Ripple’s RLUSD Sparks Interest with Significant Treasury Moves

Ripple‘s stablecoin, RLUSD, has witnessed substantial issuance and burning actions between its XRP Ledger and the Ethereum network in recent days. As of September 11, the market valuation of RLUSD was approximately $2.4 billion, with these latest transactions signaling a treasury flow of about $39.4 million.

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