Ripple has recently minted 10 million RLUSD, increasing its total supply to over $527 million. This development follows the introduction of the GENIUS Act, regulating stablecoin operations in the U.S.
Ripple's Strategic Move and Leadership
Ripple, led by key figures such as CEO Brad Garlinghouse, has expanded its RLUSD supply significantly. The involvement of Bank of New York Mellon as custodian boosts institutional credibility. The Ripple Stablecoin Tracker confirmed this minting event on July 18, 2025.
Impact on Market and Regulation
The minting of 10 million RLUSD has increased the asset's total valuation to $527 million, contributing to a wider increase in the stablecoin market. Increased liquidity flows into decentralized finance platforms associated with RLUSD. This strategic move by Ripple aligns with the GENIUS Act, reinforcing stablecoins backed by liquid reserves and mandating transparency.
Anticipated Growth and Market Trends
Analyst insights suggest that RLUSD's growth could enhance transaction volumes and liquidity in the Ripple ecosystem. A rise in XRP usage is anticipated, paralleled to RLUSD's potential adoption in payment and liquidity applications. Ripple's continued RLUSD expansions echo past trends, where increased stablecoin supplies have spurred market dynamics.
In conclusion, Ripple's substantial increase in the RLUSD supply underlines evolving regulatory landscapes and expanding financial ecosystems. Insights into historical trends and compliance suggest potential benefits for both Ripple's partners and the broader crypto market.
