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.

Share on:

Related news

Buterin Proposes Binary State Trees and RISC-V to Revamp Ethereum Execution

Vitalik Buterin has published EIP-7864 alongside a staged roadmap to replace the EVM with Binary State Trees and RISC‑V primitives, aiming to boost proving efficiency and simplify Ethereum's core execution. The plan targets faster zk-proof generation and a leaner protocol design.

Published at 2026-03-01 18:45:12
Startale and SBI to Launch Japan’s First Trust-Backed Yen Stablecoin JPYSC

Startale Group and SBI Holdings announced JPYSC, a yen-denominated stablecoin backed by a trust bank and built to meet Japan’s regulatory framework, targeting a Q2 2026 launch. This would be the first trust-backed yen stablecoin in Japan.

Published at 2026-03-01 17:45:08
Ripple Unlocks 1B XRP, Still Holds 32% of Total Supply

Ripple released 1 billion XRP from escrow in three transactions worth $1.377 billion, according to Whale Alert. The company still controls roughly 32% of the total supply, a factor traders say could add sell pressure.

Published at 2026-03-01 15:30:10
SBI President Yoshitaka Kitao Backs Ripple's 2026 XRP Ledger Roadmap

SBI Holdings President Yoshitaka Kitao publicly endorsed Ripple's newly released 2026 roadmap, urging support for expansion of the XRP Ledger ecosystem. The endorsement could boost regional adoption and integration with SBI's financial services.

Published at 2026-03-01 15:01:29
Ripple Says It's 'Extremely Bullish' on Turkey's Market

A Ripple senior executive said on Feb. 27, 2026 that the company is "extremely bullish" on Turkey, identifying the country as a key growth market. The remark highlights Ripple's focus on expanding payments and cross-border services in a high-adoption region.

Published at 2026-03-01 15:01:04