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XRP Ripple News: RLUSD Minting Hits $100M As Demand Soars
- Ripple USD (RLUSD) issuance reaches $100 million, driven by increasing demand.
- RLUSD could pose competition to major stablecoins like Tether (USDT) and USD Coin (USDC).
- XRPL-based DeFi apps are expected to benefit from the popularity of RLUSD, increasing demand for XRP tokens.
- RLUSD market cap nears $250 million, with availability on multiple exchanges including Kraken.
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