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Ripple Mints $110.57 Million RLUSD as Binance Restores XRP Withdrawals
Ripple minted $110.57 million in RLUSD on the XRP Ledger in a single transaction on Nov 2. The mint, recorded at 20:43 UTC, is among the largest single mints on the network. At the time of reporting RLUSD traded at $1.00 with a market cap of $2.546 billion, about one‑third of which is on XRPL. Hours later Binance began reopening XRP withdrawals and other asset withdrawals after its security breach. Binance also resumed Ethereum withdrawals for several stablecoins, and the restoration is important for XRP holders affected by the hack.