Ripple Expands RLUSD Supply by $20M, Eyes Regulated Stablecoin Sector

Ripple Steps Up Stablecoin Strategy

Ripple has recently minted an additional $20 million in RLUSD, bringing the total supply to 1.53 billion tokens. This move signals Ripple's growing ambitions in the competitive stablecoin arena.

Challenging the Current Market Leaders

The stablecoin market is currently dominated by USDT ($183 billion) and USDC ($74 billion). Ripple’s increased RLUSD issuance aims to carve out a significant share and advance its presence in the regulated financial ecosystem.

Outlook for RLUSD

• RLUSD is issued under a compliance-focused framework aimed at building institutional trust.
• Expanded supply could boost liquidity and market adoption.
• Ripple plans to collaborate with financial institutions globally to promote RLUSD’s real-world applications.