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Ripple mints $110M RLUSD as Binance reopens XRP withdrawals post-hack

03 Nov 2026, 12:30 WIB
Bitcoin
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Bullish
Ripple mints $110M RLUSD as Binance reopens XRP withdrawals post-hack

Ripple issued 110.57 million RLUSD stablecoins on the XRP Ledger just before Binance resumed XRP and RLUSD withdrawals following its $6.3 billion hack. RLUSD's market cap is about $2.56 billion, with a third of tokens on XRP Ledger and the rest mostly on Ethereum. Binance is reopening withdrawals in phases, prioritizing popular tokens like XRP, BTC, and ETH. This move highlights the importance of issuer-controlled stablecoins like RLUSD in managing security risks and institutional demand, with platforms like Uphold offering up to 7% APY on RLUSD to U.S. users.

XRP's market cap stands at Rp1.440,7 trillion with a 24-hour trading volume of Rp26,52 trillion on Pluang as of Nov 03, 2026 17:41 WIB. The token shows a modest 0.45% gain in the last day, with 64% of Pluang users buying XRP and a typical hold time of 73 days. This trading activity occurs alongside Binance's phased reopening of XRP withdrawals after its recent hack, underscoring XRP's ongoing liquidity and investor interest on the platform.

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