The post Ripple Accelerates RLUSD Mints on XRPL appeared on BitcoinEthereumNews.com. Steady minting  Moving up the rankings  According to the data provided by Ripple Stablecoin Tracker, Ripple has minted another 10 million RLUSD on the XRP Ledger.  According to the data provided by CoinGecko, the market cap of RLUSD currently stands at $1.26 billion.  Steady minting  On Oct. 22, the treasury executed a substantial mint of 24.5 million RLUSD. Just six days later, on Oct. 28, another 5 million RLUSD entered circulation, followed within three days by an even more notable issuance: 36 million RLUSD on Oct. 31.  November took that trajectory and pulled it sharply upward. On Nov. 3, Ripple minted a massive 50 million RLUSD, coinciding with the moment RLUSD officially crossed the $1 billion market cap threshold across Ethereum and the XRP Ledger.  The activity didn’t taper off. On Nov. 19, an additional 2 million RLUSD was minted. And most recently, on Nov. 25, the treasury produced a large 15 million RLUSD mint.  Moving up the rankings  Ripple’s RLUSD has quietly but decisively slipped into the stablecoin big league.  With a market cap of roughly $1.25 billion, it now sits in the same statistical neighborhood as long-established mid-tier dollar tokens. The global stablecoin landscape is brutally top-heavy: USDT and USDC dominate with a combined $260 billion in capitalization. There is also a second tier of multi-billion-dollar entrants (USDS, Ethena’s USDe, DAI, PYUSD) that are perceived as formidable competitors.  RLUSD has not yet joined that second tier, but it now anchors the very top of the third tier. At rank #84, it has overtaken dozens of legacy stablecoins that once defined the market’s mid-section, including TUSD, GUSD, and USDD. RLUSD is now positioned as the 12th-largest USD stablecoin globally. Source: https://u.today/ripple-accelerates-rlusd-mints-on-xrplThe post Ripple Accelerates RLUSD Mints on XRPL appeared on BitcoinEthereumNews.com. Steady minting  Moving up the rankings  According to the data provided by Ripple Stablecoin Tracker, Ripple has minted another 10 million RLUSD on the XRP Ledger.  According to the data provided by CoinGecko, the market cap of RLUSD currently stands at $1.26 billion.  Steady minting  On Oct. 22, the treasury executed a substantial mint of 24.5 million RLUSD. Just six days later, on Oct. 28, another 5 million RLUSD entered circulation, followed within three days by an even more notable issuance: 36 million RLUSD on Oct. 31.  November took that trajectory and pulled it sharply upward. On Nov. 3, Ripple minted a massive 50 million RLUSD, coinciding with the moment RLUSD officially crossed the $1 billion market cap threshold across Ethereum and the XRP Ledger.  The activity didn’t taper off. On Nov. 19, an additional 2 million RLUSD was minted. And most recently, on Nov. 25, the treasury produced a large 15 million RLUSD mint.  Moving up the rankings  Ripple’s RLUSD has quietly but decisively slipped into the stablecoin big league.  With a market cap of roughly $1.25 billion, it now sits in the same statistical neighborhood as long-established mid-tier dollar tokens. The global stablecoin landscape is brutally top-heavy: USDT and USDC dominate with a combined $260 billion in capitalization. There is also a second tier of multi-billion-dollar entrants (USDS, Ethena’s USDe, DAI, PYUSD) that are perceived as formidable competitors.  RLUSD has not yet joined that second tier, but it now anchors the very top of the third tier. At rank #84, it has overtaken dozens of legacy stablecoins that once defined the market’s mid-section, including TUSD, GUSD, and USDD. RLUSD is now positioned as the 12th-largest USD stablecoin globally. Source: https://u.today/ripple-accelerates-rlusd-mints-on-xrpl

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more