Ripple Sets New Record with 50 Million RLUSD Minted in One Day
Ripple USD (RLUSD) continues to make waves in the crypto industry, reaching significant milestones within a short period. After only 106 days of operation, RLUSD has surpassed the 240 million circulating supply mark, highlighting its growing adoption. As of March 31, 2025, CoinMarketCap data confirms RLUSD’s circulating supply at 243,690,000 tokens. This milestone underscores the rapid expansion of Ripple’s stablecoin in the market. Ripple Mints Record 50 Million RLUSD in a Single Day Ripple recently executed its largest-ever single-day minting, issuing 50 million RLUSD tokens. This massive supply increase propelled RLUSD past the 240 million milestone. However, Ripple has not officially addressed the reason behind this unprecedented minting event. Source: CoinMarketCap Despite the absence of an official statement, the surge suggests a rising demand for RLUSD among users. Ripple’s minting strategy reflects a calculated approach to ensuring supply meets market needs while avoiding oversaturation. Related article: 20 Million XRP Dumped Post-SEC Win—Is $2.13 Support in Danger? Ripple has previously demonstrated a strategic approach to RLUSD supply control. Earlier in March, the stablecoin tracker revealed that Ripple’s treasury refrained from minting any new tokens for over four days. This deliberate pause likely aimed to balance market demand and prevent excessive supply. Competing with Industry Leaders While RLUSD shows promising growth, it still has a long way to go before competing with major stablecoins like Tether (USDT) and USD Coin (USDC). RLUSD’s $243 million market cap remains significantly smaller than USDT’s $144 billion and USDC’s $60 billion. Related article: RLUSD on Cardano? 22% ADA Surge Possible If Ripple Deal Finalized Before competing with the largest stablecoins, RLUSD might first challenge PayPal’s PYUSD, which currently has a $720 million market cap. RLUSD remains $477 million behind PYUSD, indicating the work needed to close the gap. Ripple CEO Brad Garlinghouse has expressed confidence in the stablecoin’s future, emphasizing that the company aims to rank among the top five stablecoins by the end of 2025.
RLUSD on Cardano? 22% ADA Surge Possible If Ripple Deal Finalized
Charles Hoskinson, the founder of Cardano, recently set the crypto world buzzing with a powerful revelation. During a segment on the Angry Crypto Show, Charles Hoskinson confirmed ongoing discussions between Cardano and Ripple. These talks center around the possible integration of Ripple’s upcoming stablecoin, RLUSD, into the Cardano blockchain. Although there’s no official agreement yet, the confirmation that conversations are happening has captured the attention of ADA and XRP communities alike. Crypto enthusiasts now wonder what this potential partnership could mean for DeFi, cross-chain adoption, and Cardano’s long-term strategy. It’s clear that both companies are exploring the benefits of collaboration, and RLUSD could become a shared asset between two powerful ecosystems. Cardano Moves Strategically Toward Ecosystem Growth Cardano has long built its reputation on research, precision, and deliberate development. It doesn’t chase headlines—it pursues lasting impact. By entering discussions with Ripple, Cardano signals a bold shift toward interoperability and accelerated adoption. This development shows that Cardano is actively seeking new ways to expand its DeFi ecosystem and bring more assets onto its chain. If Cardano adds RLUSD to its network, it will gain a trusted stablecoin backed by Ripple’s fintech infrastructure. Such a move would help Cardano compete more directly with Ethereum in the DeFi space. The RLUSD integration could attract developers, increase user engagement, and bring more liquidity into ADA’s ecosystem. RLUSD Could Unlock New DeFi Possibilities for Cardano Ripple’s RLUSD stablecoin is designed to serve as a secure store of value and a medium for fast transactions. If integrated into Cardano, RLUSD could become the stable foundation that supports lending, borrowing, and trading across DeFi platforms on the network. Cardano users would gain access to a reliable, fiat-pegged asset that allows for smoother and safer financial operations. This integration would not only boost transaction efficiency but also introduce real-world utility. With a trusted stablecoin on board, developers can build more complex DeFi applications on Cardano. As a result, Cardano would likely see a rise in transaction volume and total value locked (TVL) on its network. Ripple and Cardano Could Build Cross-Chain Bridges Beyond the obvious DeFi benefits, a Ripple and Cardano partnership could unlock powerful cross-chain functionality. RLUSD could act as a bridge between the XRP Ledger and the Cardano blockchain. This setup would allow users to move assets seamlessly across both ecosystems, creating a more unified and fluid crypto experience. Such cross-chain integration would give Cardano access to Ripple’s network of institutional partners and payment providers. In turn, Ripple could tap into Cardano’s growing developer base and research-driven infrastructure. If both companies align, the result could be a stronger and more interoperable blockchain landscape. Ripple Is Expanding Beyond Payments Ripple has traditionally focused on cross-border payments, but it’s now shifting gears toward DeFi. RLUSD plays a central role in this evolution. With the stablecoin, Ripple plans to power decentralized finance operations while still supporting fast, low-cost global payments. That strategy makes a potential Cardano partnership even more appealing. Ripple aims to use RLUSD to attract institutional and retail users seeking efficiency, stability, and scalability. Cardano offers the perfect platform to extend that reach. Together, the two blockchains could introduce a new wave of adoption, innovation, and real-world application for decentralized finance. The Crypto World Awaits Official Confirmation For now, the RLUSD integration remains in the discussion phase. However, Hoskinson’s comments show that Cardano is actively positioning itself for a stronger DeFi future. Ripple, too, appears ready to build beyond its traditional territory. This growing alignment suggests that an official partnership announcement may be closer than most expect. Investors and developers should stay alert for updates from both companies. If RLUSD launches on Cardano, it could trigger a wave of liquidity, innovation, and adoption that reshapes both ecosystems. It could also help drive ADA’s price higher and increase institutional interest in the platform. Cardano Prepares for a New Era in Blockchain Finance Cardano is no longer content with standing on the sidelines. By initiating talks with Ripple, it has shown a new willingness to collaborate and evolve. This potential RLUSD integration could mark a turning point, signaling Cardano’s readiness to lead the next phase of blockchain finance. Read Also: BlackRock and Fidelity Expected to Enter XRP ETF Race as Ripple Lawsuit Winds Down Both Ripple and Cardano bring unique strengths to the table. If they join forces, the result could redefine how users interact with stablecoins, DeFi, and cross-chain assets. For now, one thing is clear—Cardano is aiming bigger, and the crypto world is paying close attention.
Ripple Mints 25M RLUSD – Will XRP Finally Break $2.50?
Ripple has minted another 25 million RLUSD, expanding its stablecoin supply and fueling speculation about XRP’s future. Many investors wonder if this latest move will push XRP past $2.50. Understanding the connection between RLUSD and XRP is key to evaluating the potential impact. Why 25M RLUSD Matters for Ripple’s Growth Ripple’s stablecoin initiative has been one of the most anticipated developments in crypto. RLUSD, designed as a regulated stablecoin, now circulates across Ethereum and the XRP Ledger (XRPL). Currently, $125 million RLUSD is on Ethereum, while $44 million exists on XRPL. At first glance, the supply split may seem unbalanced. However, Ethereum remains the most active DeFi network, while XRPL is still expanding its ecosystem. Ripple’s decision to distribute RLUSD this way ensures strong liquidity where demand is highest. Now, with RLUSD’s total supply reaching $170 million, traders are closely watching XRP for a reaction. XRP Holds at $2.32 – Will It Break Higher? Despite the 15% increase in RLUSD’s supply, XRP has yet to see a major price reaction. Currently, XRP trades at $2.32, reflecting a 1.6% gain in the past 24 hours. However, this movement mirrors broader market trends, making it unclear whether RLUSD’s expansion directly influenced the price. Long-term, RLUSD could still become a powerful driver for XRP’s growth. If XRPL’s stablecoin adoption accelerates, more transactions and liquidity could increase demand for XRP as a bridge currency. Ripple’s strategic push into stablecoins could position XRP for future gains. How RLUSD Could Fuel XRP’s Growth Compared to dominant stablecoins like USDT and USDC, RLUSD remains small, with a $170 million market cap. However, this offers significant room for expansion. Ripple’s deep resources could help scale RLUSD into a widely adopted stablecoin. RLUSD’s success could benefit XRP by increasing network transactions, expanding XRPL’s DeFi capabilities, and positioning Ripple as a leading stablecoin provider. Stronger RLUSD adoption could lead to a more robust XRP market, making the cryptocurrency more valuable over time. Despite these opportunities, challenges remain. Ethereum’s established DeFi dominance makes it difficult for XRPL to compete in the short term. Additionally, XRP’s price has yet to show a clear correlation with RLUSD supply growth. For now, traders should watch for signs of increasing stablecoin usage on XRPL to gauge potential impacts on XRP’s valuation. Can RLUSD Help XRP Surpass $2.50? Predicting a price breakout remains uncertain. While RLUSD’s expansion boosts Ripple’s ecosystem, XRP’s price remains influenced by broader market trends. However, continued RLUSD adoption could help Ripple generate new revenue streams, attract institutional interest, and solidify XRP’s role in the growing stablecoin economy. Read Also: Ripple Secures DFSA Approval—XRP Climbs 4.64% to $2.32 For long-term holders, the key focus should be adoption growth. If RLUSD scales and XRPL strengthens as a stablecoin-friendly network, XRP’s demand could rise, leading to potential price appreciation. What Should XRP Investors Watch Next? Ripple’s stablecoin expansion presents both opportunities and risks. Investors should monitor RLUSD’s adoption on XRPL, regulatory developments affecting Ripple, and overall market sentiment surrounding stablecoin growth. If RLUSD gains significant traction, it could provide strong support for XRP’s future price action.
Ripple Pushes Crypto Growth with 17 Million RLUSD Transfers
Ripple’s newly launched RLUSD stablecoin has seen significant movement in the last 12 hours. According to data from the Ripple Stablecoin Tracker on X, nearly 20 million RLUSD was transferred across almost a dozen transactions. These transfers occurred shortly after minting, reflecting Ripple’s growing efforts to expand its stablecoin presence. Ripple Treasury Leads the Transfers Ripple Treasury minted nine batches of RLUSD and moved them through wallets marked as “unknown” to anonymous destinations. The largest transfers included 3,000,000 RLUSD and 2,999,990 RLUSD, while smaller amounts moved 1,201,088 RLUSD and 500,000 RLUSD. These wallets, likely affiliated with Ripple Treasury, facilitated the transfers just days after the stablecoin’s official launch. Last Friday, Ripple moved 10 million RLUSD in just one hour. Related article: XRP Loses Position as Third-Largest Crypto Amid Stablecoin Delay These transfers occurred in one-million-lump transactions, with some sent to the Uphold exchange in Lithuania. Ripple has actively promoted its new stablecoin, with top executives highlighting its potential to revolutionize the market. Community Buzzes with Optimism Ripple’s actions have sparked excitement among crypto enthusiasts. Many speculate about XRP’s price surge, posting optimistic predictions like “$5.89 XRP” and “XRP at $20.” Others humorously discussed the impact of RLUSD and related cryptocurrencies on their lives. Related article: Ripple’s RLUSD Stablecoin Gains Traction, XRP Hits New Highs Meanwhile, comparisons to other cryptos like USDT and SHIB have also emerged, with users commenting on Tether’s stability and Shiba Inu’s potential rally. XRP, Ripple’s fourth-largest cryptocurrency, has shown resilience. The coin recently gained 4.2%, trading within the $2.23 range since Saturday. XRP aims to break through resistance at $2.23674 and reclaim its previous high near $3. Ripple’s momentum, combined with RLUSD’s activity, continues to keep the market intrigued.
XRP Loses Position as Third-Largest Crypto Amid Stablecoin Delay
Ripple officially announced the delay of its stablecoin, $RLUSD, on December 5. The company revealed the postponement via its social media platform, X, stating, “$RLUSD isn’t launching today.” The launch now awaits approval from the New York Department of Financial Services (NYDFS). XRP Price Drop and Market Impact Following the announcement, XRP’s price fell sharply. It dropped from $2.59 to $2.31 within 24 hours, according to CoinMarketCap. This decline resulted in XRP losing its spot as the third-largest cryptocurrency, falling behind Tether (USDT), which holds a market cap of $135.8 billion. Source: CoinMarketCap As of now, XRP’s market cap stands at $139.24 billion, reflecting a 8.30% decrease in the past day. XRP’s 24-hour trading volume also saw a significant drop. Related article: Ripple (XRP) Prepares for Potential Year-End Token Sell-Off in 2024 It fell to $27.55 billion, marking a 30% decrease compared to the previous day. Despite this setback, XRP still holds its position ahead of Solana (SOL) and Binance Coin (BNB), even as BNB reached an all-time high on December 4. Market Sentiment and Speculation Analysts point to panic selling as a possible reason for XRP’s decline. Glassnode data highlights increased selling pressure, with trading volumes falling from $32 billion to $16 billion on December 4. This cooling-off period may have contributed to XRP’s market cap drop and loss of ranking. Related article: XRP Transfers Spike: Whale Moves $156 Million in 8 Hours Stablecoins are seeing a surge, with a 24-hour trading volume of $317.13 billion. Ripple’s success with $RLUSD is crucial for enhancing its On-Demand Liquidity platform, which facilitates fast cross-border payments. A successful launch could potentially boost XRP prices. Bollinger Bands indicate reduced volatility, as the bands have narrowed. XRP recently tested resistance at $2.74, with support holding around $2.21. Traders now await a breakout or breakdown to signal XRP’s next major price move.
Ripple Expands Financial Horizons with RLUSD Stablecoin
The Ripple-backed stablecoin, RLUSD, is generating excitement across the crypto community as its official launch nears. Ripple has confirmed that the stablecoin is ready for deployment, pending regulatory approval. This development marks a significant step for Ripple in 2024, as it aims to enter the $180 billion stablecoin market. RLUSD Listed Among Recognized Global Currencies A recent update on X (formerly Twitter) caught the attention of XRP supporters, highlighting RLUSD’s inclusion in the Extended Global Forex Data spreadsheet. This list features globally recognized currencies, including top stablecoins like USDT and USDC. Mr. Man, a prominent pro-XRP investor, shared the news, sparking mixed reactions within the XRP community. Some members celebrated the recognition, while others debated the significance of RLUSD’s listing among established currencies. What Sets RLUSD Apart? RLUSD is a U.S. dollar-pegged stablecoin issued on the XRP Ledger (XRPL), known for its speed, low transaction costs, and high throughput. Designed to maintain a stable value tied to the U.S. dollar, RLUSD minimizes volatility, making it ideal for various financial applications. Related article: XRP’s Mixed Market Signals Amid Crypto Surge: Key Indicators to Watch for Future Growth Stablecoins like RLUSD play a crucial role in the crypto ecosystem. They are widely used for trading, cross-border payments, and transaction fee settlements. By appearing on the Extended Global Forex Data spreadsheet, RLUSD gains recognition as a bridge between traditional and digital finance.The listing of RLUSD alongside prominent stablecoins underscores its growing importance in global markets. Companies, organizations, and traders seeking reliable alternatives for international transactions are likely to adopt it. Stablecoins, including RLUSD, are transforming international remittances, cross-border payments, and decentralized finance (DeFi). Their stable value and versatility make them valuable tools for financial innovation. RLUSD’s inclusion in the global currency list signals its emergence as a major player in the digital finance landscape.
Ripple Balances Testing and Regulation in RLUSD Stablecoin Push
Ripple has intensified efforts to launch its RLUSD stablecoin. Following reports of token burns on Ethereum and the XRP Ledger, Ripple has now transferred the remaining RLUSD tokens to unidentified Ethereum wallets. Ripple Stablecoin Tracker revealed these transfers earlier today, with each batch averaging 31,500 tokens. In total, Ripple made four such transfers, alongside activity on the XRP Ledger. These wallets likely belong to Ripple, as the RLUSD stablecoin is still undergoing testing and has not officially launched. The company plans to release RLUSD on both the XRP Ledger and Ethereum networks, although this decision initially puzzled the XRP community. RLUSD Testing Progresses Ripple is testing RLUSD to fine-tune mechanisms before launching on the main networks. The stablecoin market remains volatile, with notable failures like TerraLuna’s UST serving as cautionary tales. Ripple aims to avoid any missteps that could harm its reputation. Despite the risks, Ripple intends to roll out RLUSD by the end of 2024. With just over a month left, the company appears to be pushing to meet its timeline. Awaiting Regulatory Approval Ripple executives have stated that RLUSD is “operationally ready.” However, the company is waiting for approval from the New York Department of Financial Services before proceeding. Related articles: XRP Trading Volume Soars: Price Rises 16% Amid Crypto Sell-Off This regulatory hurdle could delay Ripple’s plans, especially as shifts in the U.S. political landscape influence the regulatory environment. Ripple hopes to cap off its successful year by launching RLUSD, but timing remains critical. With final preparations underway, the company continues to position RLUSD as a dual-network stablecoin, poised to make an impact in the competitive and high-stakes stablecoin market.
