Crypto
Ripple mints 19.6 million more RLUSD; Standard Chartered starts custody
Ripple minted 19.6 million additional units of its dollar-pegged stablecoin RLUSD, bringing recent issuance to 38.6 million units, according to U.Today. Data cited by a Ripple stablecoin tracker showed 38.6 million RLUSD issued across five transactions and 50.6 million burned, for a net burn of 12 million. Issuance occurred on Ethereum while burns took place on the XRP Ledger. Standard Chartered said it has launched institutional custody for XRPL-issued RLUSD via its DIFC branch, regulated by the DFSA.
