Ripple has minted 10 million units of its USD-pegged stablecoin, RLUSD, and deposited them into its treasury. This significant minting event, spotted by the Ripple Stablecoin Tracker on January 22, 2026, is a direct preparatory move for increased demand following the stablecoin's listing on Binance, the world's largest cryptocurrency exchange, announced on January 21, 2026.
Ripple CEO Brad Garlinghouse celebrated the Binance listing as a major win for the community, stating it will increase the stablecoin's visibility, accessibility, and liquidity. The company expects this development to drive up RLUSD's market capitalization. The freshly minted 10 million RLUSD are now held in the treasury, awaiting distribution based on exchange demand.
Concurrently, Ripple is actively managing the stablecoin's supply to maintain market stability. Within the last 48 hours, the company executed a strategic burn of 5 million RLUSD from the treasury. This deflationary measure is intended to prevent an oversupply in circulation without corresponding demand, showcasing Ripple's balanced approach of minting new tokens while strategically burning others.
The RLUSD stablecoin, launched in December 2024, is designed for use in institutional settlements and cross-border payments. Ripple's broader strategy involves forming key partnerships to boost adoption. A recent significant integration is with the FCA-regulated LMAX Group, embedding RLUSD into its global trading system to connect crypto users with traditional asset classes like commodities and indexes.
