Ripple Expands RLUSD Supply by $20M as Stablecoin Competition Tightens
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- Ripple mints $20M RLUSD amid tightening stablecoin competition
- RLUSD supply rises to 1.53B after new mint
- Ripple strengthens liquidity strategy with measured RLUSD expansion
Liquidity conditions in the regulated stablecoin market shifted on Feb. 19 after Ripple increased the supply of its dollar-pegged token RLUSD by $20 million. The mint, confirmed on Ethereum blockchain data, signals a measured liquidity push as competition intensifies among compliant issuers.
According to Etherscan data, 20,000,000 RLUSD were minted at the RLUSD Treasury and transferred through a confirmed Ethereum transaction. The transfer originated from a wallet labeled Ripple Deployer and finalized within seconds. Blockchain records show the transaction settled without delays, reinforcing operational readiness around the token’s issuance mechanics.
Following the mint, RLUSD’s circulating supply climbed to approximately 1.53 billion tokens. Data from CoinMarketCap places RLUSD in the mid-tier among dollar-backed stablecoins by market capitalization. However, a sizeable gap remains between RLUSD and dominant players in the sector.
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Tether continues to lead the market with a capitalization exceeding $183 billion. Meanwhile, USD Coin maintains a valuation above $74 billion. Consequently, RLUSD operates at a smaller scale, yet its steady issuance pattern suggests incremental positioning rather than rapid expansion.
RLUSD Mint Strengthens On-Chain Liquidity Profile
Market data indicates RLUSD trades close to its $1 peg, while daily trading volume remains above $100 million. That level of activity suggests active utilization rather than dormant treasury holdings. Moreover, a $20 million supply increase can improve liquidity depth across payment corridors and exchange trading pairs.
Additionally, expanded circulation may support integrations across decentralized finance platforms operating on Ethereum. Ripple has positioned RLUSD within a broader ecosystem strategy that includes custody infrastructure and real-world asset tokenization initiatives. Therefore, incremental supply growth aligns with operational scaling rather than speculative issuance.
Measured Issuance Signals Strategic Positioning in Regulated Markets
Stablecoin supply increases often reflect institutional onboarding, treasury rebalancing, or exchange liquidity provisioning. In this case, the mint size does not indicate aggressive expansion. Instead, it reflects calibrated liquidity management amid tightening regulatory scrutiny across jurisdictions.
From a structural standpoint, RLUSD’s gradual growth underscores Ripple’s attempt to secure a foothold in regulated digital dollar markets. Besides, liquidity depth remains essential for cross-border settlement use cases, which Ripple continues to prioritize within its network.
Ripple’s $20 million RLUSD mint modestly strengthens on-chain liquidity while highlighting measured growth within a highly competitive stablecoin market.
Also Read: From $0 to $2,500,000,000 – Here’s What’s Happening on the XRP Network
The post Ripple Expands RLUSD Supply by $20M as Stablecoin Competition Tightens appeared first on 36Crypto.
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