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9 million RLUSD minted on XRP Ledger as Ripple rebalances stablecoin supply between blockchains

Protocol Fundamentals
28 Mar 2026
UToday
View Source
Bullish
pluang ai news

Ripple minted 9 million RLUSD stablecoins on the XRP Ledger in two transactions, while burning 10 million RLUSD on Ethereum, indicating a supply rebalance. This activity is part of Ripple's effort to expand RLUSD's utility, especially for enterprise cross-border payments, including a pilot in Singapore's MAS BLOOM sandbox. The total RLUSD supply is 1.41 billion, mostly on Ethereum, but Ripple is boosting XRP Ledger use for faster, automated settlements. This reflects growing institutional interest in stablecoins for improving cash flow and trade finance efficiency.

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