XRP Stablecoin RLUSD Supply Hits All-Time High at $2.42 Billion

Bitcoin.com reported that Ripple's stablecoin RLUSD has recorded an all-time high in supply at $2.42 billion. Compared to last month's $1.72 billion, this represents a rise of approximately 41%. The recent increase in RLUSD supply is concentrated on the Ethereum network rather than the XRP Ledger (XRPL), with about $1.37 billion currently circulating on Ethereum and around $1.05 billion on XRPL.