Oct 15, 2024
Oct 15, 2024
Ripple minted 6 million RLUSD tokens today, fueling XRP's Price Surge.
RLUSD, pegged to the USD, aims to boost liquidity and attract institutional investors to XRP.
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XRP sees a 4.2% rise, now priced at $0.5499, with forecasts predicting a potential move to $1.2.
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Despite excitement, RLUSD awaits regulatory approval, delaying its full market impact.
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The launch of RLUSD could solidify Ripple’s standing in the DeFi space and enhance liquidity.
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