Ripple Mints More RLUSD as Market Cap Passes $500 Million
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最新报道：Ripple has minted an additional 50 million RLUSD tokens, pushing the stablecoin's total supply to 500 million and its market capitalization past $500 million. The latest minting follows Ripple's initial 150 million RLUSD issuance in June, with subsequent increments in July and August. RLUSD, designed to maintain a 1:1 peg with the US dollar, is backed by cash and cash equivalents held in reserve. Ripple's stablecoin rollout comes amid growing competition in the sector, with PayPal also launching its PYUSD stablecoin recently. The company aims to expand RLUSD's use cases in cross-border payments and decentralized finance applications.
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