Ripple has significantly increased the issuance of its RLUSD tokens on the XRP Ledger, with the market cap now reaching $1.26 billion. Recent issuance events include 24.5 million tokens on October 22, 5 million on October 28, 36 million on October 31, 50 million on November 3, 2 million on November 19, and 15 million on November 25. RLUSD is now ranked 12th among global dollar-pegged stablecoins, surpassing TUSD and GUSD, and leads the third tier of the stablecoin market, which is dominated by USDT and USDC.