Binance Reopens XRP Withdrawals While Ripple Mints $110M in RLUSD in One Go

Crypto Insight Summary: Ripple issued 110.57 million RLUSD on the XRP Ledger in a single transaction on Nov. 2, hours before Binance began reopening XRP and RLUSD withdrawals after its $6.3 billion hack. A $110 Million Mint in Seconds Ripple’s dollar-backed stablecoin had one of its biggest nights on the XRP Ledger (XRPL). Onchain trackers flagged the mint […] Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Reopened withdrawals and heavy RLUSD minting improve XRP liquidity and utility, but the effect is localized.