Ripple expanded its USD-pegged stablecoin operations on August 20, 2026, minting an additional 900,000 RLUSD on the XRP Ledger during early trading hours, according to on-chain data from XRPScan. The transaction was part of a wider sequence of treasury activity, with monitoring systems reporting more than 74 million RLUSD in fresh issuances over the preceding 24 hours.
Ripple Stablecoin Tracker data showed a 20 million RLUSD mint roughly three hours before the smaller transaction, two separate 10 million unit issuances about 11 hours earlier, and additional tranches of 12 million and 32 million tokens.
Issuance was accompanied by substantial redemption-side activity. Ripple burned approximately 15.4 million RLUSD from its treasury and removed another 20 million RLUSD from circulation on Ethereum, bringing total burns in the session to about 35.4 million units. The balance between mints and burns suggests active liquidity rotation and settlement management across the stablecoin’s multi-network infrastructure rather than a one-way expansion of supply.
In the secondary market, XRP rallied alongside the stablecoin movements. The token traded around $1.22 to $1.25 after climbing from a daily low near $1.03 to an intraday high of $1.24. That represented an 18.8% gain over 24 hours, with seven-day performance at 21.2% and 30-day gains near 16.5%.
Market observers noted that capital flows into the Ripple ecosystem reflected institutional volume and operational liquidity adjustments. The next formal step for RLUSD will be the release of monthly audited reserve reports, which are expected to detail backing for the newly minted batches.
