Ripple’s USD-backed stablecoin, RLUSD, is approaching a major supply milestone, as according to CoinMarketCap, its market capitalization has reached $1.56 billion, with 1.55 billion tokens in circulation. Following a $40 million mint on Ethereum two days ago and a sustained daily volume above $43 million, RLUSD is now less than $500 million away from reaching the $2 billion threshold.
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