TLDR
- Ripple minted 68 million RLUSD in three batches within 24 hours from its treasury.
- The largest single mint totaled 39 million RLUSD, followed by 19 million and 10 million.
- The new supply may support exchange listings or cross-border payment liquidity.
- RLUSD now holds $1.33 billion in reserves, with trading volume up over 129%.
Ripple has minted 68 million RLUSD stablecoins within a single day, drawing attention across the crypto market. The move signals heightened activity around Ripple’s dollar-pegged stablecoin, as questions grow over whether the new supply is tied to exchange demand, payments liquidity, or broader adoption plans.
RLUSD Minting Activity Draws Market Attention
Ripple Labs minted 68,000,000 RLUSD stablecoins within a 24-hour period, according to on-chain tracking data. The tokens were issued directly from Ripple’s treasury across three separate minting events.
The largest mint totaled 39,000,000 RLUSD, while the remaining batches added 19,000,000 and 10,000,000 tokens. All newly created tokens remain held in the Ripple treasury wallet.
JUST IN: $68,000,000 of $RLUSD has been minted. Ripple's enterprise-grade stablecoin now surpasses $1.33B in reserves, ranking #55 according to CoinMarketCap. pic.twitter.com/VFK8XoQpiz
— Angry Crypto Show (@angrycryptoshow) January 2, 2026
The timing of the mint has raised questions about near-term use cases. Market observers note that treasury-held supply often precedes structured releases rather than immediate circulation.
Ripple has not released a formal statement on the purpose of the mint. However, similar actions in the past were linked to liquidity preparation and operational needs.
Possible Link to Exchange Listings and Payment Demand
The scale of the mint suggests that Ripple may be preparing RLUSD for broader availability. Stablecoins often require deep liquidity before listings on major exchanges or integrations into payment systems.
RLUSD is positioned as a dollar-backed asset designed for settlements and cross-border payments. Increased supply can help support large transaction volumes without market disruption.
The tokens remaining in treasury indicate controlled distribution rather than open issuance. This approach allows Ripple to respond to demand while limiting excess supply.
Such controlled releases are common among issuer-backed stablecoins. They help maintain price stability while ensuring sufficient liquidity for partners and platforms.
Adoption Supported by Institutional Partnerships
RLUSD adoption has expanded since its launch, including partnerships with traditional financial institutions. One notable example is Switzerland-based AMINA Bank, which integrated RLUSD services in mid-2025.
Following the integration, RLUSD trading volume reportedly rose by more than 20%. AMINA became the first traditional bank to offer custody and trading support for the stablecoin.
This institutional support has helped RLUSD gain visibility beyond crypto-native users. It has also supported trust in the stablecoin’s reserve-backed structure.
Ripple continues to focus on regulated and compliant channels. These efforts align with its broader strategy in global payments and financial infrastructure.
Market Growth and Controlled Supply Strategy
RLUSD has climbed sharply in market capitalization rankings over recent months. It moved from around 104th place in August 2025 to roughly 55th position currently.
At the time, RLUSD’s market cap stood near $602 million. Current reserve data places total backing at approximately $1.33 billion.
Trading volume has also expanded, rising more than 129% to about $95.9 million. These figures point to growing usage rather than passive holding.
Ripple maintains control over circulating supply through mint and burn mechanisms. Around $500,000 worth of RLUSD was burned weeks ago to manage circulation levels.
This strategy allows Ripple to scale supply while avoiding oversaturation. The latest mint fits within that measured approach as adoption continues to develop.





