Ripple mints $133.3 million in RLUSD on the XRP Ledger in one day as demand jumps
AI Market Summary
Ripple's reported one-day minting of $133.3 million in RLUSD on the XRP Ledger signals accelerating stablecoin issuance and near-term demand for XRPL settlement capacity. Higher on-chain liquidity and transaction activity can improve network utility and reinforce ecosystem momentum, potentially tightening XRPL's linkage to payments and DeFi flows. Markets will watch whether issuance corresponds to sustained circulation rather than inventory build.
Impact level
● Medium
Affected assets
XRP/USDT+0.12%
AI Insight · XRP/USDTAI Insight
▲ Bullish
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Ripple minted $133.3 million worth of RLUSD on the XRP Ledger in a single day, reflecting a sharp pickup in demand for the stablecoin on the XRPL.