Binance Reopens XRP Withdrawals While Ripple Mints $110M in RLUSD in One Go
AI summary
Ripple minted 110.57 million RLUSD on the XRP Ledger in a single transaction on Nov. 2, one of the stablecoin's largest single issuances. The mint came hours before Binance began reopening XRP and RLUSD withdrawals following a $6.3 billion hack. Traders will watch whether the large RLUSD supply expansion and restored exchange access translate into liquidity and volume for XRP-linked markets.
