Ripple USD Supply Surpasses $527 Million - 10 Million RLUSD Minted

RLUSD Supply Surpasses $500 Million on Ripple

The GENIUS Act, signed into law on July 19, 2025, was a key driver of the move. The act requires stablecoins to be backed by liquid assets such as USD or Treasury securities and to report monthly transparency. Ripple was ready with RLUSD due to its relationship with Bank of New York Mellon.

This encouraged companies to take advantage of the opportunity by creating a favorable regulatory environment. Additionally, Standard Chartered Bank predicted a boom in the stablecoin market, with the industry’s total capitalization reaching $264 billion and projected to grow to $2 trillion by 2028.

Decentralized finance protocols such as Aave, where RLUSD reached a record supply of $77.3 million, as well as interest from financial institutions following the GENIUS Act, encouraged Ripple to mint an additional 10 million RLUSD to meet liquidity needs and expand its use case.

Within 24 hours, 10 million tokens were minted, increasing the supply of RLUSD to $527 million, marking a significant step forward in Ripple’s stablecoin strategy. According to recent data, RLUSD, which was launched in December 1924 and is pegged 1:1 to the USD, now has a circulation of around 527.7 million tokens. This new minting shows that Ripple is meeting growing demand from users and institutions, especially since RLUSD has been integrated into platforms like Aave and is used by Bank of New York Mellon as its primary custodian.

For Ripple, this event reinforces RLUSD’s reputation as a trustworthy stablecoin, especially since RLUSD has complied with the GENIUS Act’s transparent reserve requirements. Additionally, this indirectly supports the XRP ecosystem, the company’s utility token, which is currently trading around $3.48 with a 24-hour volume of $6.76 billion. This also increases RLUSD’s potential in both cross-border payments and free finance.

Points of concern for Ripple

Despite the promise, the event also faces challenges. First, the minting of additional RLUSD could raise concerns about selling pressure if supply increases too quickly, especially since RLUSD only accounts for 0.2% of the stablecoin market. If not managed properly, this could impact market confidence.

Second, the GENIUS Act requires strict compliance, and Ripple must maintain transparent reserves with the Bank of New York Mellon, which increases operating costs. Larger competitors like Circle (USDC) and Tether (USDT) could take advantage to compete, especially if Ripple does not rapidly expand into international markets like Europe or Asia.

Finally, reliance on XRP Ledger and Ethereum may pose technical or legal risks, especially as some countries have not yet recognized stablecoins as legal tender. Can Ripple overcome these challenges to maintain its growth momentum?

Evaluation and Conclusion

Ripple USD supply surpassing $527 million with 10 million RLUSD minted is a major milestone, reflecting Ripple’s successful strategy in the context of the recently signed GENIUS Act. This event not only strengthens RLUSD’s position in the stablecoin market but also indirectly supports the XRP ecosystem, opening up great opportunities in payments and DeFi. However, the challenges of competition, compliance costs, and supply-demand pressures require Ripple to act cautiously. This is a sign that stablecoins are reshaping global finance, with Ripple leading the way in the new era of crypto in the US.

Disclaimer: The information presented in this article is the author's personal opinion on the cryptocurrency field. It is not intended to be financial or investment advice. Any investment decision should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in the article do not represent the official position of the platform. We recommend that readers conduct their own research and consult with a professional before making any investment decisions.

Compiled and analyzed by HCCVenture

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