Key Takeaways:
- Ripple mints 10 million RLUSD, signaling growing momentum behind its stablecoin strategy.
- Stablecoin regulation advances in the U.S., with the Genius Act shaping a clearer legal path for RLUSD and peers.
- XRP network activity surges, as over 78% of holders are now in profit—boosting confidence in Ripple’s ecosystem.
Ripple is making moves behind the scenes. Just hours ago, on-chain trackers confirmed a 10 million RLUSD mint at the RLUSD Treasury. While the announcement was subtle, the implications are anything but. The minting aligns with increasing institutional focus on stablecoins and rising U.S. regulatory clarity. Together, these forces could set the stage for a new phase of Ripple’s expansion—this time, not just around XRP but stable value issuance on the XRP Ledger.
Ripple’s 10M RLUSD Mint: Strategic Supply or Market Signal?
The minting was confirmed via Ripple Stablecoin Tracker on X (formerly Twitter), showing 10,000,000 RLUSD issued directly from the RLUSD Treasury. While Ripple has not released a public statement on this specific transaction, analysts believe the move is part of a broader play to scale RLUSD supply in anticipation of rising demand.
Ripple’s RLUSD, first teased earlier this year, is pegged 1:1 to the U.S. dollar and designed to operate on the XRP Ledger (XRPL). The project reflects Ripple’s long-term ambition to provide regulated stablecoin services that combine liquidity, compliance, and interoperability.
This fresh mint adds to the circulating supply of RLUSD, reinforcing speculation that Ripple may soon expand issuance beyond pilot stages. Whether for cross-border settlements, DeFi integrations, or institutional flows, Ripple appears to be positioning RLUSD as a core building block of its financial infrastructure.
XRP Ecosystem Strengthens as Profitability Surges
According to Glassnode data, 78.8% of all XRP wallets are now profitable, reflecting the token’s upward price movement and growing investor confidence. XRP is currently trading near $2.19, with increasing wallet activity pointing to a rejuvenated user base.
Ripple’s decision to mint more RLUSD during this environment is not coincidental. The rising profitability of XRP holders suggests that liquidity on the XRPL is growing. More active users typically mean more opportunities for RLUSD to be used in DeFi, payments, or on-chain finance applications.
Read More: $58M XRP Transfer Sparks Speculation—Whale Move or Strategic Shift Ahead?
Recent network metrics show that active XRPL addresses are climbing, a key signal of utility and traction. While RLUSD adoption is still in early phases, its integration into the XRPL could benefit from this existing momentum. Ripple appears to be laying the foundation for a stablecoin-native ecosystem within XRPL, where users can transact, lend, and build—all with a U.S. dollar-pegged token.
Stablecoin Market Expands—Ripple Eyes Institutional Role
The global stablecoin market is showing strong signs of growth. Circle’s USDC is nearing a $40 billion market cap, and Tether’s USDT has surpassed $112 billion. With this context, Ripple’s RLUSD is entering a space that’s already in hyper-growth mode.
Perhaps Ripple’s most defining feature is its compliance-first philosophy. Despite this, worries about reserves and issuer transparency loom over the sector, with USDT and USDC accounting for the majority in volume. RLUSD is anticipated to have public attestation, institutional grade custody (presumably through BNY Mellon or one of the other leading custodial banks) and full regulatory concordance.
This, coupled with the utility-like quality of RLUSD, and it’s clear that RLUSD is the logical choice for enterprise adoption, particularly with financial institutions who rely on U.S. dollar exposure but also seek compliance-grade infrastructure. Ripple’s previous collaboration with central banks, payment networks, and fintech companies makes RLUSD a likely candidate for those looking for a stablecoin linked to infrastructure and credibility.
Read More: Ripple’s $125M Crypto Clash With SEC Paused Again — Massive XRP Shake-Up by August 15?
Tidal Wave of IPOs and Capital Market Convergence
Ripple is not the only firm seeing opportunity in the current market. It would be competing against several crypto-native firms who are planning their own IPOs, according to attorney John Deaton— Kraken, Circle, and Gemini (to name a few). This is part of a larger trend: Crypto companies are truly becoming financial institutions.
RLUSD issuance and permission to operate could help speed Ripple to an IPO, as well. The company was valued at more than $15B on the private markets previously, and the marriage of both the crypto infrastructure (through the XRPL) Andew H hosting leverage; the payment rails (RippleNet) makes this one crazy exposure at the core of a ton of growth trends.
