No New Ripple USD (RLUSD) in 21 Days, Is Something Wrong?
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Ripple Halts RLUSD Minting for 21 Days Amid Strategic Supply Control
Ripple Labs has not minted any new Ripple USD (RLUSD) tokens for the past 21 days. According to Ripple Stablecoin Tracker on X, the last minting event occurred 41 days ago, on April 25, when the company created 11.5 million RLUSD at its Treasury. Despite an uptick in crypto market activity during this time, Ripple has refrained from increasing RLUSD supply. Notably, Bitcoin (BTC) reached an all-time high of $111,970 during this same period. Many…
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