Ripple Mints $110.57M RLUSD Amid Binance XRP Withdrawal Resumption
Ripple has minted a significant amount of its dollar-pegged RLUSD stablecoin on the XRP Ledger, coinciding with Binance's resumption of XRP withdrawals.
Ripple has minted a significant amount of its dollar-pegged RLUSD stablecoin on the XRP Ledger, coinciding with Binance's resumption of XRP withdrawals. XRP (XRP) is trading at R$63,99 ($1.28). This is an original Kriptometre brief synthesising 3 outlets (CoinEdition, ZyCrypto, U.Today), plus live market data, as of Wed, 04 Nov 2026 00:07:02 UTC.
This development highlights Ripple's strategic focus on expanding its stablecoin ecosystem while maintaining XRP's relevance, despite community concerns about prioritization. The timing, amid Binance's asset withdrawal resumption after a major security breach, adds another layer of market dynamics.
- Ripple minted $110.57M RLUSD in a single XRPL transaction on November 2.
- Binance resumed XRP withdrawals after a $6.3B security breach.
- RLUSD circulating supply now stands at $2.56B according to DeFiLlama.
- XRP price rose 2.39% in the last 24 hours despite community concerns.
CoinEdition, ZyCrypto and U.Today all report that Ripple minted $110.57 million in RLUSD on November 2, with the transaction occurring hours before Binance resumed XRP withdrawals. However, they differ in their emphasis: CoinEdition focuses on the technical details and timing, ZyCrypto highlights community frustration about Ripple's stablecoin focus, while U.Today quotes CEO Brad Garlinghouse defending RLUSD as complementary to XRP. The verified RLUSD circulating supply of $2.56 billion from DeFiLlama corroborates the scale of Ripple's stablecoin ambitions.
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- Moody’s Assigns A2 Investment-Grade Rating to Ripple’s Stablecoin RLUSD
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- Ripple'in RLUSD'si, Güncel Kripto Piyasasında Sabitcoin Büyümesini Yönlendiriyor
- Ripple Mints $110.57M RLUSD Amid Binance XRP Withdrawal Resumption — this brief
Ripple has minted $110.57 million worth of its dollar-pegged stablecoin RLUSD in a single transaction on the
XRP Ledger (XRPL), according to multiple outlets. The transaction took place on November 2 at around 20:43 UTC, just hours before Binance resumed customer withdrawal services for XRP and dozens of other cryptocurrencies.
The timing of the RLUSD minting coincides with a significant operational development for Binance, which had suspended withdrawals following a $6.3 billion security breach. This resumption of services is seen as a positive signal for market stability. Meanwhile, Ripple's stablecoin expansion continues to raise questions about its strategic priorities.
Outlets report varying perspectives on Ripple's stablecoin ambitions. ZyCrypto notes that some XRP investors are concerned about Ripple prioritizing RLUSD over XRP, while U.Today quotes Ripple CEO Brad Garlinghouse asserting that RLUSD and XRP are complementary rather than competitive. This divergence in views reflects the broader debate about Ripple's strategic direction.
According to DeFiLlama, the circulating supply of RLUSD now stands at $2.56 billion, indicating the scale of Ripple's stablecoin initiative. This figure underscores the company's commitment to building a robust stablecoin ecosystem on the XRP Ledger.
In the current market context, the total cryptocurrency market cap is $2.68 trillion, with
Bitcoin up 1.20% in the last 24 hours. XRP itself has seen a 2.39% increase in price over the same period, currently trading at $1.28. Despite community concerns, the positive price movement suggests that investors remain optimistic about XRP's prospects.
Since this brief published about 9 hours ago, XRP (XRP) has moved from R$63,99$1.28 to R$63,99$1.28 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Kriptometre's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Yatırım tavsiyesi değildir.
At today's peer-to-peer rate, 1 XRP ≈ 66.4 ₺ (about $1.28), up 2.3% over 24 hours. The real itself trades about 3.8% above the official rate on the P2P market, so a Turkish buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · 3 Kasım 2026.
Kriptometre reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple Mints $110.57M RLUSD Amid Binance XRP Withdrawal Resu — questions & answers
What is RLUSD and why is Ripple minting it?
RLUSD is Ripple's dollar-pegged stablecoin built on the XRP Ledger. The minting of $110.57 million indicates Ripple's strategic focus on expanding its stablecoin ecosystem.
How does RLUSD relate to XRP?
Ripple CEO Brad Garlinghouse insists that RLUSD and XRP are complementary, not competitive, assets. However, some XRP investors worry about Ripple's stablecoin priorities.
What impact did Binance's withdrawal resumption have?
Binance's resumption of XRP withdrawals likely contributed to the positive price movement of XRP, despite community concerns about Ripple's stablecoin focus.
How much is 1 XRP worth in real today?
About 66.4 ₺ at the live peer-to-peer (P2P) USDT rate, which is what Turkishs typically trade at — equivalent to roughly $1.28. The real price moves with both XRP's US-dollar price and the USDT/BRL rate; use our XRP in real page for any amount.
Which outlets reported this story?
This is an original Kriptometre brief that synthesises reporting from CoinEdition, ZyCrypto, U.Today, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Kriptometre brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.
