Ripple's 'Money Printer' Restarts: More RLUSD Stablecoins Minted After Massive Burn

According to RLUSD Tracker, on March 8, 9.1 million RLUSD were permanently removed from circulation, likely as part of a reserve rebalancing effort. However, already today, March 9, Ripple Treasury...

By · · 1 min read
Ripple's 'Money Printer' Restarts: More RLUSD Stablecoins Minted After Massive Burn

Source: cryptonews.net

According to RLUSD Tracker, on March 8, 9.1 million RLUSD were permanently removed from circulation, likely as part of a reserve rebalancing effort. However, already today, March 9, Ripple Treasury minted a new batch totaling 1,965 RLUSD.According to the ...