Ripple Recasts 900,000 More RLUSD; XRP Rises Nearly 19%
2026-08-21 00:40:25
According to CoinMeta, against the backdrop of a nearly 19% increase in the price of XRP, Ripple once again minted 900,000 units of RLUSD. Based on the transaction data from XRPSCAN, this transaction was recorded on August 20th. Following this minting activity were several large transactions of RLUSD. The Ripple stablecoin tracker shows that 20 million units of RLUSD were minted in the treasury 3 hours ago, two transactions of 10 million units each were recorded 11 hours ago, 12 million units were minted 19 hours ago, and another 32 million units were minted 23 hours ago. At the same time, RLUSD also experienced significant destruction; the tracker reported that about 1540,000 units of RLUSD were destroyed in the treasury about 1 hour ago, and 20 million units were destroyed on Ethereum 3 hours ago. Overall, these activities indicate that the supply of RLUSD is undergoing significant turnover, rather than simple expansion. XRP also performed quite notably during the same period, with the current trading price at around $1.22, representing a 18.8% increase within 24 hours.
Source:U.Today
This content is for market information only and does not constitute investment advice.
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