XRP Rallies 19% as Ripple Mints and Burns over 72 Million RL
5 Articles
5 Articles
Ripple Mints Fresh RLUSD as XRP Price Rally Accelerates
TL;DR: Ripple minted 900,000 RLUSD tokens on August 20, 2026, on the XRP Ledger, adding to previous issuances of over 74 million units in the past 24 hours. The issuer executed parallel burns totaling 35.4 million RLUSD between the official treasury and the Ethereum network during the same session. The price of XRP recorded an 18.8% increase in 24 hours, reaching an intraday high of $1.24. Amid high operational volatility, Ripple mints fresh RL…
XRP rallies 19% as Ripple mints and burns over 72 million RL
🚨 XRP soars nearly 19% in 24 hours amid record RLUSD stablecoin mints and burns. 🔥 Ripple created and destroyed over 72 million RLUSD as market volatility spiked. 📈 $XRP hit a high of $1.24, rallying 20% from its 24-hour low. 💡 Ripple actively manages stablecoin suppl...
CoinStats - XRP rallies 19% as Ripple mints and burns ove...
🚨 XRP soars nearly 19% in 24 hours amid record RLUSD stablecoin mints and burns. 🔥 Ripple created and destroyed over 72 million RLUSD as market volatility spiked. 📈 $XRP hit a high of $1.24, rallying 20% from its 24-hour low. 💡 Ripple actively manages stablecoin supply in fast-moving conditions. Continue Reading:XRP rallies 19% as Ripple mints and burns over 72 million RLUSD The post XRP rallies 19% as Ripple mints and burns over 72 million …
Ripple Mints More RLUSD as XRP Price Surges Nearly 19%
Ripple has minted another batch of its RLUSD stablecoin as XRP records a sharp price rally, climbing nearly 19% over the past 24 hours and briefly reaching $1.24. According to XRP Ledger transaction data from XRPScan, Ripple minted 900,000 RLUSD on Aug. 20. The transaction follows a series of significantly larger RLUSD issuances and burns, highlighting increased activity surrounding Ripples U.S. dollar-backed stablecoin. Data reported by the Rip…
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