The churning continues in the mint Stablecoins RLUSDand pumped it into the market, while RLUSD is gaining momentum very quickly. Over the past three days, an amazing surge of RLUSD has flowed to exchanges.

20 million RLUSD goes into the cryptocurrency market

As previously reported by U.Today, over the past two days, Ripple has been minted and converted virtually 17 million Brazilian reals — Its new product, which was launched on the market a week ago and has already been listed on several cryptocurrency exchanges.

Less than a dozen RLUSD batches, some approaching two million coins, were scraped by anonymous Ripple wallets. However, relatively new data from the Ripple Stablecoin Tracker X account revealed that approximately 20 hours ago, another 3,000,000 RLUSD was transferred.

Currently, the Ripple US stablecoin is ranked 2,943 on the CoinMarketCap scale with a market capitalization of $53.1 million.

Anonymous XRP transaction arrives at Coinbase, here's the nuance

Popular blockchain company Whale Alert, which monitors large cryptocurrency transactions and shares details on social media platform

The aforementioned source of blockchain data tweeted that less than two hours ago, 30,171,667 XRP (equivalent to $69,244,848 USD in fiat currencies) were mysteriously swept away by an unknown wallet to cryptocurrency trading platform Coinbase.

XRP-focused explorer Bithomp commented that the “anonymous” wallet that initiated the transaction was initiated through a blockchain address belonging to Coinbase, making it an internal transaction on this exchange.

Meanwhile, on Tuesday, the price of XRP showed an unexpected rise of 5.34%, which can be attributed to the annual “Santa Rise” in the financial markets. However, XRP has so far erased almost all of these gains, losing 3.35% and trading at $2.6507.