Ripple Mints 350,000 RLUSD Tokens on XRP Ledger
Ripple has minted 350,026 additional Ripple USD (RLUSD) tokens, marking its first minting event in over a week. This increase follows a record-breaking issuance of 100 million RLUSD tokens last week. With the latest minting, RLUSD’s total market capitalization is nearing $300 million, according to data from CoinGecko. The growing supply and adoption suggest that […]
XRP Ledger’s 12% Rally: How Decentralization Concerns Could Shape Price Action
The debate over XRP Ledger’s decentralization continues to stir discussions. Ripple’s Chief Technology Officer, David Schwartz, recently addressed these concerns. Many critics believe Ripple wields too much influence over XRPL. However, Schwartz insists that decision-making happens through consensus, not unilateral control. He presented a scenario where XRPL users push for privacy features that conflict with […]
The Recent XRP Ledger Halt: What Happened?
On February 4, 2025, the XRP Ledger experienced a significant transaction halt lasting 64 minutes. This disruption affected over 88,000 transactions and raised important questions about the network’s resilience. Ripple’s CTO, David Schwartz, explained that while the consensus mechanism was active, validators failed to publish their validations. This failure caused the network to stall. Validators […]