Ripple Mints 9.9M RLUSD on Ethereum, Treasury Wallet Refilled

Published at 2026-04-08 16:31:09

Ripple’s official RLUSD Treasury wallet was credited with 9.9 million RLUSD on Ethereum, according to on-chain records. The mint comes after several weeks of steady RLUSD token burns, marking a clear shift from contraction to replenishment of the protocol’s circulating inventory.

This refill is significant because it points to active treasury management and a likely intent to support liquidity, cross-chain operations, or DeFi integrations involving RLUSD. For Ethereum users and markets, the refill could increase available stablecoin liquidity while continuing to reflect Ripple’s broader effort to balance supply across chains. Market observers should watch subsequent on-chain flows and trading volumes to see how the new supply is deployed and whether it influences RLUSD and related XRP markets.

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The Ethereum Foundation plans to offload 5,000 ETH into stablecoins using a TWAP execution via CoW Swap, aiming to limit market impact and timing risk.

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Ethereum Foundation Converts 5,000 ETH to DAI in $10M Treasury Move

The Ethereum Foundation has begun converting 5,000 ETH—roughly $10 million—into the stablecoin DAI. The transaction appears to be part of a treasury diversification strategy aimed at preserving funding for long-term development.

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Published at 2026-04-08 14:45:20

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