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Ripple’s RLUSD Minting Hits $100M—What It Means for XRP Holders

  • $100 million worth of RLUSD has been issued in two days as demand for the stablecoin skyrockets.
  • Ripple's RLUSD integration into their payment system could unlock access to more than 90 payout markets and establish instant connections to banks, exchanges, and payment service providers.
  • RLUSD's market cap reaches around $250 million and $10 billion in trading volume, potentially benefiting XRP due to its central role in the ecosystem.
  • XRP may experience a decline to $1.90-$1.79 before staging a rebound to $2.80-$3.00 by the end of the month, according to analysts.

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