Ripple Mints 20M RLUSD on Ethereum to Boost Stablecoin Liquidity

Published at 2026-03-01 15:01:20

In the past few hours Ripple issued 20 million RLUSD on the Ethereum blockchain, increasing the supply of its Ripple USD stablecoin (RLUSD). The minting raises the amount of ERC-20 dollar liquidity available on Ethereum and comes as demand for on-chain stablecoins and payment rails remains high.

The additional RLUSD should ease liquidity for trading, on-ramps and decentralized finance integrations that use the token. Market participants will watch whether the fresh supply shifts stablecoin flows on Ethereum and affects short-term trading volumes; the move also underscores Ripple’s continued push to expand tokenized dollar rails alongside its XRP-based corridor efforts.

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