Ripple targets $13T treasury market with RLUSD
Ripple sees corporate treasury clients handling $13 trillion annually as a potential source of payments and settlement demand for RLUSD.
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Ripple sees corporate treasury clients handling $13 trillion annually as a potential source of payments and settlement demand for RLUSD.
The circulating supply of RLUSD stays above $1 billion in the XRP Ledger, currently at $1,053,014,745.
Ripple has burned 15 million RLUSD in its latest major treasury move, even as the stablecoin’s market capitalization continues to surge toward new highs.
Ripple’s stablecoin has grown 1,278% this year while XRP shed more than a quarter of its value.
Read the latest update on Ripple Partners With Florida Athletics For XRP And RLUSD Payment Options.
Ripple appears to be deflating the supply of RLUSD on the XRP Ledger while pumping the supply on Ethereum, as a massive cross-chain movement…
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