$275 Million Added to RLUSD as XRP Ledger Network Activity Rises
The post $275 Million Added to RLUSD as XRP Ledger Network Activity Rises appeared on BitcoinEthereumNews.com. Ripple USD stablecoin (RLUSD) has seen a significant increase in activity over the last seven days, especially on the XRP Ledger. Hussein Zangana, XRP Ledger Foundation Director of Community, who goes by the name Vet on X, shares this information in a recent tweet. According to Vet, who is also an XRP Ledger dual validator, there were “lots of minting and redeeming of RLUSD on XRP.” Lots of minting and redeeming of $RLUSD on XRP this week. Net inflow liquidity of +$275M. Binance also handled some RLUSD – ICYMI they also service RLUSD on XRP. Good chances we see next week Gemini with end of month mint/redemptions. pic.twitter.com/zYOIhO3ZgT — Vet (@Vet_X0) May 24, 2026 The past week saw a significant number of mint and burn transactions, some of which were reported by the Ripple Stablecoin tracker X account. You Might Also Like Crypto King Barry Silbert: Privacy Era is Here Zca