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Binance Reopens XRP Withdrawals While Ripple Mints $110M in RLUSD in One Go

News.Bitcoin.com
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Binance Reopens XRP Withdrawals While Ripple Mints $110M in RLUSD in One Go

Ripple issued 110.57 million RLUSD on the XRP Ledger in a single transaction on Nov. 2, hours before Binance began reopening XRP and RLUSD withdrawals after its $6.3 billion hack. A $110 Million Mint in Seconds Ripple’s dollar-backed stablecoin had one of its biggest nights on the XRP Ledger (XRPL). Onchain trackers flagged the mint […]

Key Takeaways

  1. Ripple issued 110.57 million RLUSD on the XRP Ledger in a single transaction on Nov.
  2. 2, hours before Binance began reopening XRP and RLUSD withdrawals after its $6.3 billion hack.
  3. A $110 Million Mint in Seconds Ripple’s dollar-backed stablecoin had one of its biggest nights on the XRP Ledger (XRPL).
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.