XRP News Today: Ripple Shuffles RLUSD and Transfers $250 Million in XRP

Quick Summary:

The big transfers, including a notable 78,500 RLUSD from Ripple’s Treasury to an unknown wallet, seem to hint at the final touches for RLUSD’s big launch.

Alongside RLUSD movements, Ripple transferred 470 million XRP tokens on November 6, valued at around $250.45 million.

Blockchain data shows Ripple shuffling tokens across multiple wallets, possibly testing functionality and prepping liquidity ahead of the debut.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Altcoins News Ripple (XRP)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 06:08:25 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23467957

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