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Category Latest rLUSD News Cryptocurrency Updates

RLUSD Growth Is Boosting XRP Activity, Not Replacing It, Evernorth’s On-Chain Data Shows

RLUSD Growth Is Boosting XRP Activity, Not Replacing It, Evernorth’s On-Chain Data Shows

A new report from Evernorth says the rapid growth of Ripple USD (RLUSD) on the XRP Ledger has strengthened the network instead of competing with XR...
RLUSD Minting on XRPL Does Nothing for XRP Price: Top Dev

RLUSD Minting on XRPL Does Nothing for XRP Price: Top Dev

A fresh mint of RLUSD on the XRP Ledger has sparked discussion in the community about its potential impact on XRP’s price. This follows the minting...
Gemini Just Burned $128,000,000 RLUSD on XRPL, as Supply Drops to $189M

Gemini Just Burned $128,000,000 RLUSD on XRPL, as Supply Drops to $189M

Gemini has carried out a large redemption of Ripple's RLUSD stablecoin, burning $128 million worth of RLUSD on the XRP Ledger. The update came from...
Deloitte Confirms Ripple 1.49B RLUSD Supply Fully Backed With $1.57B Reserves

Deloitte Confirms Ripple 1.49B RLUSD Supply Fully Backed With $1.57B Reserves

Independent audit firm Deloitte has verified that Ripple's RLUSD stablecoin is fully backed by liquid reserves. The attestation confirms that, as o...