Ripple Mints 20M RLUSD on Ethereum to Boost Stablecoin Liquidity

Published at 2026-02-27 16:00:39

Ripple has minted 20 million RLUSD on the Ethereum blockchain, expanding the supply of its Ripple USD stablecoin as of Feb. 27, 2026. The issuance increases RLUSD availability on Ethereum and should ease liquidity for ETH-based trading pairs, lending markets and decentralized finance integrations, while creating more on‑ramp capacity for wallets and exchanges.

Higher RLUSD supply could help the token compete with established dollar-pegged assets by deepening order books and reducing slippage, but actual market effects will depend on how quickly custodians, DeFi protocols and trading venues absorb the new tokens. The move underscores Ripple’s continued push to grow stablecoin utility across Ethereum rails alongside its XRP ecosystem; market participants will be watching flows, peg stability and redemption activity in the coming days.

Share on:

Related news

Ripple May Access U.S. Banking System as OCC Expands Trust Bank Services

The OCC has broadened services allowed under a national trust charter, a move that could give Ripple and other crypto firms greater access to U.S. banking rails. The change may ease custody, payment, and on‑ramp operations for companies pursuing trust bank status.

Published at 2026-02-27 19:17:07
Magic Eden Drops Bitcoin and Ethereum Support, Goes All-In on Solana

Magic Eden announced it will end support for Ethereum-compatible and Bitcoin-based assets, winding down its multi-chain approach to focus solely on Solana. The move concentrates liquidity and product development around SOL but risks alienating ETH and BTC users.

Published at 2026-02-27 19:01:21
Circle Launches USDCx on Cardano via xReserve with Liqwid, Minswap Backing

Circle has launched USDCx on Cardano through an xReserve integration, supported by Liqwid, Minswap and SundaeSwap. The move brings cross-chain USDC liquidity to Cardano without relying on third‑party bridges.

Published at 2026-02-27 18:47:47
SBI Chief Backs Ripple's 2026 XRP Ledger Expansion

SBI Holdings president Yoshitaka Kitao has voiced support for Ripple’s newly unveiled 2026 plans to grow the XRP Ledger ecosystem, a notable endorsement from a major Japanese financial group.

Published at 2026-02-27 18:15:52
Buterin Unveils Bold Plan to Tackle Ethereum Base-Layer Scaling

Vitalik Buterin published a new proposal refocusing effort on base-layer scaling for Ethereum after years of emphasis on Layer-2 rollups. The plan aims to boost throughput and reduce fees while protecting decentralization.

Published at 2026-02-27 16:45:13