Ripple Moves 42 Million RLUSD in 48 Hours—Is a Big Start Around the Corner?
Ripple recently transferred 42 million RLUSD of its stablecoin in 48 hours, fueling community excitement at the stablecoin's potential launch. According to the Ripple Stablecoin Tracker on X, Ripple has mined and moved large batches of RLUSD, with the largest transfer alone reaching 18 million RLUSD. Speaking at Ripple's annual Swell event, CEO Brad Garlinghouse said RLUSD aims to be the “gold standard” for corporate stablecoins, emphasizing its foundation of trust and regulatory compliance. Ripple President Monica Long added that RLUSD will work together with XRP on the Ripple network, which has given XRP supporters more hope for future integration and liquidity.