Ripple has significantly increased the issuance of its RLUSD stablecoin, minting tens of millions of tokens on both the XRP Ledger and Ethereum recently. This surge has pushed the total RLUSD supply above $2 billion, with about 56% on Ethereum and 44% on the XRP Ledger. The expansion highlights Ripple's efforts to scale liquidity for RLUSD, which is important for payments, decentralized exchanges, and lending on these networks. The stablecoin's growing supply reflects its rising market presence and Ripple's strategic focus on expanding its use cases.
Ripple USD (RLUSD) stablecoin's circulating supply rose to $2.491 billion, narrowing the gap with PayPal USD (PYUSD) to about $248 million as of late September 2026. RLUSD increased by $82.1 million during the period, while PYUSD stood at $2.739 bill...
Ripple's RLUSD stablecoin surged to a record $2.49 billion, adding $82.1 million in one day and narrowing the gap to Paypal's PYUSD, which stands at $2.74 billion but has shrunk 22% this year. RLUSD has grown 86% since early 2026, while PYUSD has dec...
XRP's price increased by 2.11% within one hour to $1.52, partially recovering from a 24-hour decline. This rise was driven by $370,000 worth of short position liquidations on exchanges like Binance, Bybit, and OKX, while no long positions were liquid...
Veteran trader Peter Brandt highlighted the XRP chart's interesting price compression patterns that historically led to strong rallies, sparking renewed interest in the token. However, he clarified that he has not bought XRP nor set a new price targe...
Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...
