Ripple has recently attracted attention by transferring a significant number of RLUSD stablecoins, totaling 294,000 units. A prominent transfer included 78,500 RLUSD moved from Ripple’s Treasury to an unidentified wallet. These transfers suggest possible final preparations for the launch of RLUSD.
Blockchain data reveals that Ripple has been involved in moving tokens across several wallets. This activity suggests that Ripple is testing the functionality and preparing for liquidity adjustments ahead of RLUSD's anticipated launch.
In addition to the RLUSD transfers, Ripple has also transferred $250 million worth of XRP. These activities are part of broader strategic moves potentially linked to Ripple's growth plans in the blockchain space.