Within the final 24 hours, 9 million Ripple USD stablecoin (RLUSD) was minted on XRP Ledger. This was carried out in two transactions of 4 million and 5 million RLUSD.
This comes amid elevated RLUSD exercise (each minting and burning) within the month of March. Whereas 9,000,000 RLUSD was minted on XRP Ledger, 10,000,002 RLUSD was burned on the Ethereum blockchain, which could counsel a provide rebalancing.
March has seen important exercise for RLUSD as Ripple continues to construct a regulatory and institutional credibility layer that turns RLUSD right into a settlement asset for enterprise use circumstances.
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In the latest, on March 26, 10,003,333 RLUSD and 5,000,000 RLUSD have been minted at Ripple USD treasury on XRP Ledger. The minting was accompanied by RLUSD token burns on the Ethereum blockchain.
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Six RLUSD burn transactions have been reported by Ripple stablecoin tracker: 1,900,000 RLUSD was burned on the RLUSD treasury on XRP Ledger, whereas the remainder of the burns have been carried out on the Ethereum blockchain.
The transactions are as follows: 4,900,000 RLUSD, 5,000,000 RLUSD, 2,900,000 RLUSD, 25,822,566 RLUSD and 200,000 RLUSD have been burned at Ripple USD treasury.
Ripple USD stablecoin has a complete provide of 1.41 billion RLUSD; a bigger a part of this provide is on the Ethereum community.
Ripple advances RLUSD with XRP Ledger utility
In a latest announcement, Ripple is piloting the usage of the RLUSD stablecoin in Singapore’s MAS BLOOM sandbox to automate and pace up cross-border commerce funds.
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In collaboration with Unloq, a provide chain finance agency, Ripple seeks to interchange handbook commerce finance processes with good, condition-based settlement on XRP Ledger.
In early 2026, Ripple surveyed over a thousand monetary leaders worldwide, encompassing banks, asset managers, fintech corporations and companies. The survey revealed a robust choice for stablecoins amongst these leaders.
A complete of 74% of respondents said that stablecoins might assist enhance cash-flow effectivity and unlock trapped working capital.