Ripple Mints 50M RLUSD as Stablecoin Market Hits $252B Record

Ripple has minted another 12 million RLUSD tokens today, signaling a deeper push into the booming stablecoin market. In total, 50 million RLUSD have been issued this month. The move comes as global stablecoin supply hits a record high of $252 billion. https://twitter.com/rl_tracker/status/1938308426095829378?s=46 The Stablecoin Market Is a Key Battleground The timing of a new batch of RLUSD issuance aligns with the rising demand and revenues across the stablecoin sector. The latter, with a $252 billion market value, marked a twentyfold increase over the past five years, according to Defillama’s data. Regarding revenue, Tether and Circle, the issuers of

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