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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