Oh, do cast your eyes upon the latest antics of Ripple, that cheeky chappie in the blockchain sphere! The company has conjured forth an additional 5 million RLUSD tokens upon the Ethereum blockchain, as if it were merely flicking a coin into a wishing well and expecting the universe to comply. 🪙
According to CoinGecko, RLUSD’s market cap now swells to a rather impressive $533 million, securing its place as the 176th largest cryptocurrency. One might say it’s the stablecoin equivalent of a well-dressed gentleman in a crowded room—unremarkable, yet oddly captivating. 🎩
In July alone, Ripple has minted a staggering 77.5 million RLUSD tokens, as if it were a particularly industrious toff at a tea party, ladling out scones with a flourish. 🍪
Bluechip, that esteemed stablecoin arbiter, has bestowed RLUSD with an A rating, making it the “highest-rated stablecoin.” One suspects they awarded it for its ability to avoid controversy as deftly as a gentleman avoids small talk. 🧾
Ripple, ever the shrewd operator, has enlisted BNY Mellon—the world’s most esteemed custodian of securities—to safeguard RLUSD’s reserves. A partnership as logical as pairing crumpets with a thunderstorm, but somehow it works. 🏦
And let us not forget the GENIUS Act, that legislative marvel which has gifted the stablecoin world regulatory clarity. CEO Brad Garlinghouse, that paragon of optimism, has hailed it as “historic,” though one imagines he’s already drafting the next law to outpace. 📜
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2025-07-22 09:45