Ripple Targets Tether’s Dominance with Aggressive RLUSD Minting – Is a Major Market Shift on the Horizon?

TL;DR Rapid Minting: Ripple Labs has minted 1.7 million RLUSD tokens in just two days, signaling an imminent launch of their USD-pegged stablecoin. Regulatory Approval: Ripple is awaiting SEC approval for RLUSD, with CEO Brad Garlinghouse expecting public availability in the coming weeks. Market Positioning: RLUSD aims to challenge Tether and USD Coin, leveraging Ripple’s ... source: https://crypto-economy.com/ripple-targets-tethers-dominance-with-aggressive-rlusd-minting-is-a-major-market-shift-on-the-horizon/