Ripple’s RLUSD: Printing Millions, Chasing Half a Billion, and a Swiss Bank Walks In
Ripple’s RLUSD stablecoin, a digital offspring born into this harried world, teeters on the precipice of a $500 million market cap. One more breathless tap on the “mint” button, and the symbolic half-billion will be breached—like a Siberian fencepost breaking under the weight of too much snow.
Sixteen million new tokens tumbled forth in the last 24 hours. Sixteen million! Enough to stuff the mattresses of every party functionary from Vladivostok to Zürich. RLUSD: issued, reissued, tally marks carved in digital ledger, but make no mistake—the numbers remain, even when you go hungry.