RLUSD supply on XRP Ledger tops $1 billion as Ripple boosts liquidity

  • RLUSD surpassed $1 billion in circulating supply on the XRP Ledger for the first time.
  • XRP Ledger activity included $36.9 million minted and $7.5 million burned on August 28.
  • The XRP Ledger surpassed five billion settled transactions during its 14-year span.

RLUSD circulating supply on the XRP Ledger surpassed $1 billion for the first time, reaching $1,024,222,594 as Ripple increased liquidity across supported blockchain networks. Activity accelerated over the last 48 hours, including $26.2 million minted and $6.9 million burned on August 27, followed by $36.9 million minted and $7.5 million burned on August 28 so far. Separate XRP Ledger transactions involved minting of 19.9 million, 10 million and 10 million RLUSD. Ethereum recorded $53.3 million minted and $5 million burned on August 28, while total RLUSD circulating supply stood at $2.27 billion, including $1.24 billion on Ethereum. The milestone came alongside the XRP Ledger’s passage of five billion settled transactions over 14 years, an AI-only security review of Lending Protocol V1.1, SEC effectiveness for Evernorth’s registration statement, and Mastercard’s sponsorship of an XRP Ledger Hackathon.

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RLUSD supply on XRP Ledger tops $1 billion as Ripple boosts liquidity - CoinPost Terminal