📌 Ripple’s RLUSD Well-Positioned to Benefit from Current Surge in Stablecoin Dominance – Ripple has minted nearly $20 million of Ripple USD (RLUSD) stablecoin, increasing the supply of this token at a time when stablecoin dominance is surging. The move coincides with a recent US Securities and Exchange Commission (SEC) effort to streamline stablecoin regulations, with the regulator
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Ripple has minted nearly $20M of Ripple USD (#RLUSD), boosting supply as stablecoin dominance surges. The mint follows the SEC’s push to streamline stablecoin rules, a regulatory backdrop that could help #RLUSD capture flows from #Tether and broader #Stablecoins demand.