Ripple 
$3 Labs, a US-based blockchain payment company, has intensified testing efforts for its stablecoin, RLUSD ($1.00). According to Ripple’s Stablecoin Tracker, two significant tests involving minting and transfer operations were conducted on the XRP ($2.01) Ledger protocol. These tests marked the first major report of the month for those closely monitoring the development of RLUSD.
Minting and Transfer Operations of RLUSD Stablecoin
To strengthen its position in the stablecoin market, Ripple Labs has focused on RLUSD in recent months. The latest minting operation was recorded on XRP Ledger Index 146, resulting in the creation of exactly 9,999,700 RLUSD tokens. This amount is seen as a testament to Ripple’s commitment to its stablecoin project.
These operations have also resonated within the Ethereum 
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