Ripple's RLUSD stablecoin has received a significant regulatory endorsement as the U.S. Commodity Futures Trading Commission (CFTC) expanded its definition of eligible tokenized collateral. This policy update, aligned with the recently enacted GENIUS Act, formally qualifies RLUSD as acceptable collateral, strengthening its position within U.S. financial markets and potentially accelerating its adoption.
The announcement comes alongside notable on-chain activity for the stablecoin. In the last 24 hours, 2.5 million RLUSD tokens were burned on the Ethereum blockchain, reducing its circulating supply. This follows a larger burn event on February 5, where a total of 25,014,695 RLUSD was destroyed across both the Ethereum blockchain and the XRP Ledger (XRPL).
These supply adjustments come after a series of minting events at the start of February. On February 2, three separate transactions minted a combined 102.2 million RLUSD across both blockchains. Further mints of 35 million RLUSD occurred on February 3, and an additional 25 million were minted on February 5 across XRPL and Ethereum.
Despite the recent burns, RLUSD's total market capitalization stands at approximately $1.49 billion across the XRP Ledger and Ethereum, according to CoinMarketCap data.
CFTC Chair Mike Selig emphasized the strategic importance of the move, stating, "With the enactment of the GENIUS Act and the CFTC's new eligible collateral framework, America is the global leader in stablecoin innovation." Ripple's position is further bolstered by its recent conditional approval for a bank charter, which CEO Brad Garlinghouse called a "massive step forward," allowing RLUSD to operate under both state and federal oversight.
The regulatory development will be a key topic at the upcoming XRP Community Day 2026, a global virtual event scheduled for February 11-12. A dedicated segment titled "Why Stablecoins and XRP Matter Together" will feature Ripple's SVP of Stablecoins, Jack McDonald, and Head of Product for Stablecoins, Lauren Berta, moderated by Messari's Matt Kreiser, to discuss the complementary roles of XRP and stablecoins like RLUSD.
