🚨Ripple Accelerates RLUSD Testing Pace, XRP Sees a Sudden Large Movement of 65 Million!
After two days of silence, Ripple is on the move again—madly minting🔥 and then burning🧯 54 million RLUSD stablecoins, testing while ‘burning’ as if in a real combat drill! Currently, RLUSD has launched on multiple platforms, but it’s clear that Ripple is still refining this new product pegged to the US dollar.
📊 This move indicates that Ripple is not only laying out the stablecoin ecosystem but also aims to compete with other stablecoins like USDT/USDC in a more controlled manner. It’s noteworthy that the frequent trial runs of RLUSD could hide deeper integration plans, possibly laying the groundwork for cross-border payments.
🐳 On the other hand, a sudden inflow of over 65.35 million XRP into the largest exchange in Brazil, Coinbase, has sparked speculation of a “whale dump.” However, on-chain data shows that this is actually Coinbase restructuring its wallets, an internal transfer rather than a panic sell, so the market does not need to overinterpret📉.
📌 Key Points:
Ripple is attempting to create a closed loop of stablecoin + public chain + cross-border payments, and the frequent testing of RLUSD demonstrates its significant ambition. While XRP, as the core token of the ecosystem, faces regulatory pressure, the operational moves of the platform itself still hold interest. There may be fluctuations in the short term, but the mid-to-long-term value remains worthy of attention.
