Ripple USD Supply Surpasses $527 Million After Minting 10 Million RLUSD

HKAN | Jul 19

Ripple Mints 10 Million RLUSD, Total Supply Exceeds $527 Million

 

Ripple has quietly minted 10 million new RLUSD tokens, boosting its total supply to over $527 million, according to Ripple Stablecoin Tracker and CoinMarketCap data .

 

 

Strategic Momentum Amid Stablecoin Legislation

The minting aligns with a growing regulatory wave—particularly following the passage of the GENIUS Act, which provides clear guidelines for payment stablecoins in the U.S. . The combination of regulatory clarity and increased token supply signals Ripple’s readiness to scale RLUSD usage.

 

 

What This Means for Adoption

Stablecoin growth: RLUSD’s rapid climb—crossing half a billion in under a year (launched December 2024)—highlights growing confidence among traders and institutions .

 

Utility within XRPL: As Ripple’s ecosystem grows, RLUSD is being positioned as a core component for DeFi, cross-border payments, and on‑chain finance .

 

Institutional backing: Ripple also recently appointed Bank of New York Mellon as its RLUSD custodian, boosting credibility .

 

 

Final Take

With over $527 million in circulation and a freshly minted 10 million tokens, RLUSD is proving its relevance in the evolving world of stablecoins. Backed by strong regulatory support and institutional partnerships, Ripple is preparing to scale RLUSD into a major player in global crypto finance.