Ripple’s RLUSD gets two boosts as transfer volume drops 25%
Ripple launched an institutional minting platform and added RLUSD to Notabene’s compliance network as holder growth rose but monthly transfer volume fell to $10.95 billion.
Quick take
Read original at CoinDesk Ripple launched Ripple Mint, a platform for institutions to create and manage its dollar-backed RLUSD stablecoin, and added RLUSD to Notabene's compliance network. Despite a 25% drop in monthly transfer volume to $10.95 billion, RLUSD's market value is about $1.5 billion with growing holder counts and active addresses.
Summarised by netranta from CoinDesk. Open the original for the full story.
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