Binance Reopens XRP Withdrawals While Ripple Mints $110M in RLUSD in One Go

Ripple issued 110.57 million RLUSD on the XRP Ledger in a single transaction on Nov. 2, hours before Binance began reopening XRP and RLUSD withdrawals after its $6.3 billion hack. Ripple’s dollar-backed stablecoin had one of its biggest nights on the XRP Ledger (XRPL). Onchain trackers flagged the mint of 110,565,832 RLUSD at the RLUSD treasury on Monday evening and the XRPL record confirmed the same it. The issuance transaction shows 110,565,832.13 RLUSD leaving the issuer account at 20:43 UTC on Nov. 2. XRPL community account Archie_XRPL said a second issuance of 38.8 million followed, putting the night’s total near 150 million RLUSD .The first mint was the biggest yet on the XRPL.

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