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71 Greed

Ripple Treasury Mints 30 Million RLUSD Extending Recent Issuance Activity

Ripple Treasury Mints 30 Million RLUSD Extending Recent Issuance Activity Image: U.Today
Image via U.Today.

Ripple's stablecoin treasury minted 30 million RLUSD in a single transaction on October 6, 2026. This issuance adds to a series of recent large RLUSD minting transactions. RLUSD has an estimated market capitalization of $2.53 billion as of early October. The treasury also regularly burns RLUSD when customers redeem the stablecoin for fiat funds. Institutional customers can obtain RLUSD by depositing fiat with Ripple.

Key points

  1. The RLUSD treasury burns tokens when customers redeem the stablecoin for fiat funds.
  2. This issuance adds to a series of recent large RLUSD minting transactions.
  3. RLUSD has an estimated market capitalization of $2.53 billion as of early October.
  4. Institutional customers can obtain RLUSD by depositing fiat with Ripple.

Why it matters

The ongoing minting and burning activity reflects regular RLUSD issuance and redemption operations for institutional users. Ripple's stablecoin activities support its broader institutional crypto service offerings.

What's unclear

The net change in RLUSD circulating supply from recent minting and burning activity is not specified

Price context · RLUSD

At publication
$0.9999
Now
$0.9999
Change since
+0.00%
7 days · dashed line = publication

Sources · 2 publishers

U.Today Tier 2 First report
Ripple Treasury Mints 30 Million RLUSD
CoinCentral Tier 3
Ripple’s Latest RLUSD Mint Extends September Issuance Streak

Coverage timeline

  1. First reported by U.Today
  2. Confirmed by CoinCentral
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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