You Won’t Believe What Ripple Just Did With 350,000 RLUSD Tokens! 😱

Well, well, well, look who’s been busy! Ripple, ever the overachiever, has gone and minted an additional 350,026 Ripple USD (RLUSD) tokens. Yes, I know, how absolutely thrilling. This grand event marks the first minting since… wait for it… over a whole week. Truly, a milestone worthy of applause! 👏

And lest we forget, just last week, Ripple decided to break all records with a staggering 100 million RLUSD tokens. Because, naturally, when you’re as rich as Ripple, why not go big or go home? 💰

Now, don’t get too comfortable—Ripple’s RLUSD token is currently eyeing the $300 million mark in market cap. That’s what CoinGecko reports, though I imagine the numbers are probably changing as you read this. Time waits for no one, darling. 🕰️

But the real pièce de résistance: Ripple, in its infinite wisdom, has just plunked down a cool $1.25 billion to acquire Hidden Road. The reason? Apparently, RLUSD will be the collateral used in some delightfully lucrative products offered by the prime brokerage. Ah, the sweet smell of power and money—don’t you just love it? 💸

And just when you thought it couldn’t get any more fabulous, Ripple has set its sights on making RLUSD a top contender in the world of stablecoins by the end of the year. Top 5, darling! Can you imagine? 💃

Oh, and as if that wasn’t enough to keep your spirits soaring, Ripple’s stablecoin has now made its grand debut on Kraken, the exchange that practically oozes prestige. Because, of course, it would. 🚀

Read More

2025-04-10 10:13