Ripple minted $133.3 million of its USD-pegged stablecoin, RLUSD, on the XRP Ledger on August 3, as reported by the Ripple stablecoin tracker. The injection of fresh liquidity comes at a time of rising stablecoin demand and expanding use cases for RLUSD across payments, decentralized finance, and institutional transactions.
In the last seven days, $185 million in RLUSD has been minted on the XRP Ledger, and the 30‑day minting total stands at $309 million. The total RLUSD supply on the XRPL now exceeds $850 million, reaching precisely $851 million.
Last month, Ripple launched “Ripple Mint,” a feature enabling institutions to mint and redeem RLUSD directly from the source, bridge the stablecoin across chains, and track funds throughout a transaction. Institutions can also integrate RLUSD operations into their internal systems and workflows.
Expectations are also growing around the upcoming XRP Ledger Lending protocol, which will let institutions and other projects lend and borrow XRP or RLUSD—a development seen as a major unlock for on‑chain liquidity.
In a separate advancement, XRP holders can now borrow RLUSD on Ethereum through Sentora, which manages a $280 million lending pool of Ripple’s stablecoin. A new isolated market on Morpho Blue, facilitated by Flare, accepts wrapped XRP (FXRP) as collateral, allowing holders to borrow RLUSD against their XRP exposure without needing to sell.
Additionally, Ankr’s public RPC infrastructure is now live on the XRP Ledger, giving developers direct network access without running their own nodes.
