Ripple has minted 10 million RLUSD tokens from its treasury, signaling a strategic expansion of its stablecoin presence on the XRP Ledger during a period marked by increasing regulatory clarity around stablecoins in the United States.
RLUSD is a dollar-pegged stablecoin operating on the XRP Ledger, designed to support fast settlements and compliance-aligned utility. The minting event has been confirmed by on-chain tracking data and coincides with broader market momentum as stablecoins gain traction through clearer U.S. legislation, including the GENIUS Act approved by the Senate. This act provides a regulatory framework that further legitimizes the stablecoin market and promotes institutional confidence.
Ripple's issuance of RLUSD aligns with growing institutional interest, as well as increased XRP wallet profitability, with over 78% of wallets currently in profit and rising active addresses, indicating stronger user engagement. Market data shows XRP trading near $2.19, reflecting robust capital inflows and confidence in the ecosystem. The supply increase suggests Ripple is preparing for heightened RLUSD integration within DeFi, payment systems, and cross-border transactions.
Ripple's ongoing collaboration with regulated financial entities, banks, fintech firms, and government bodies positions RLUSD for accelerated adoption as a compliant and transparent dollar-backed option. The company aims to establish RLUSD as a cornerstone stablecoin for enterprise and financial sector use, enhancing digital payments infrastructure on the XRPL.
As the stablecoin sector surpasses $150 billion in market capitalization led by players like Tether and Circle, Ripple's focus on regulatory alignment may differentiate RLUSD and attract institutional-grade partnerships potentially involving custodians such as BNY Mellon. Industry analysts suggest that RLUSD's growth could positively influence Ripple's valuation and support its trajectory toward a future public offering.