Ripple re-mints RLUSD and stablecoin volume soars 30%
- RLUSD volume jumps 30% in 24 hours
- Ripple mints 12 million RLUSD ahead of vote
- Ripple’s RLUSD Stablecoin Gains Momentum on Legal Expectation
Ripple has resumed minting its RLUSD stablecoin with the issuance of 12 million new tokens after more than a month of no supply movement. The move comes days before the US Senate votes on the GENIUS bill, which could bring a regulatory framework to the stablecoin sector.
💵💵💵💵💵💵💵 12,000,000 #RLUSD minted at RLUSD Treasury. https://t.co/uVwOFwgZYQ
— Ripple Stablecoin Tracker (@RL_Tracker) June 13, 2025
The resumption of issuance had a direct impact on the market: RLUSD trading volume jumped 30%, reaching US$179 million in a single day. The move rekindles interest in Ripple’s stablecoin, which aims to offer a stable, efficient and secure digital dollar.
According to data from Ripple Stablecoin Tracker, the latest minting comes after a strategic pause period that began following massive issuances in April and May. At the time, Ripple minted as much as 38 million RLUSD in a single day before slowing production to stabilize supply.
With the new issuance, the total supply of RLUSD reaches approximately 405 million tokens. Of this total, approximately 70% circulate on the Ethereum blockchain, while the rest are available on the XRP Ledger.
Ripple's move is interpreted as a sign of confidence regarding the outcome of the vote on the GENIUS Act, scheduled for June 17. If approved, the bill could establish clear regulatory guidelines for stablecoins, boosting the adoption of digital assets such as RLUSD in the US.
RLUSD is designed to maintain peg to the US dollar, facilitating fast and secure international transfers as well as operations on DeFi platforms. Supported on two blockchains, the stablecoin aims to serve both the Ethereum community and the XRP ecosystem user base.
With increasing trading volume and expectations for a more defined regulatory environment, Ripple is positioning its stablecoin as a key player in the stablecoin market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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