Morning Cryptocurrency Report: Ripple's largest stablecoin issuance raises $59 million, shocking XRP; 162,874,151,430 Shiba Inu (SHIB) reactivated by major exchanges after three weeks of dormancy; Dogecoin (DO...
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According to CoinWorld, there were three major developments in the cryptocurrency market on Tuesday: Ripple issued RLUSD stablecoins worth $59 million on its XRP Ledger, setting the largest single issuance to date and bringing its total supply to $1.45 billion. Meanwhile, 162.87 billion SHIB tokens worth over $1.1 million were reactivated after lying dormant for three weeks in a cold storage wallet on an exchange. In addition, the Dogecoin spot ETF recorded net inflows for two consecutive trading days, breaking a previous 20-day streak of zero inflows, with net inflows of $246,030 and $252,530 respectively, although the price of Dogecoin remained around $0.1066.
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