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Ripple News Today: Ripple Mints $13M RLUSD to Challenge Stablecoin Giants, Fueling XRP Price Predictions Across the Market
In a bold push to establish itself in the stablecoin arena, Ripple has minted 13 million RLUSD tokens—bringing the total supply of its stablecoin closer to a $500 million market cap. This development not only intensifies Ripple’s competition with dominant players like Tether’s USDT and Circle’s USDC but also ignites fresh speculation about Ripple’s broader ecosystem and potential impact on XRP price prediction.
Ripple Accelerates RLUSD Growth to Target Stablecoin Leaders
The latest minting was confirmed via Etherscan and highlighted by the Ripple Stablecoin Tracker on X. With this move, RLUSD’s market capitalization has reached approximately $428.7 million, according to CoinGecko data. Just two days prior, Ripple minted another 10 million RLUSD, reflecting a rapidly accelerating issuance pace.
Ripple has minted 13 million RLUSD, bringing its stablecoin closer to the $500 million market cap milestone. Source: @RL_Tracker via X
“Ripple is clearly signaling its ambition to become a formidable force in the stablecoin market,” one analyst commented, pointing to the platform’s recent activity across DeFi and centralized exchange ecosystems.
Strategic Intent Behind RLUSD’s Expansion
Ripple launched RLUSD with a strategic purpose—to provide a secure, regulated, and widely accepted stablecoin for payments, trading, and liquidity. The company aims to leverage RLUSD not just as a dollar-pegged asset but as an integral part of the broader Ripple ecosystem, including cross-border finance and institutional settlements.
Despite being launched by Ripple, RLUSD is currently issued on Ethereum rather than the XRP Ledger. However, integration with the XRP ledger and other blockchains is reportedly on the roadmap, in line with Ripple’s multi-chain strategy.
Ripple has also formed partnerships to expand RLUSD’s usability. One key collaboration is with AlchemyPay, enabling users to access the stablecoin through a wide range of fiat payment methods, including Visa, Mastercard, and Apple Pay.
Meanwhile, Ripple’s regulatory green light in Dubai has paved the way for RLUSD’s broader global rollout, further reinforcing the company’s ambitions.
Could RLUSD’s Rise Influence XRP Value?
As RLUSD inches closer to the half-billion-dollar milestone, Ripple supporters and crypto analysts are evaluating the potential impact on XRP value. Many in the community view this expansion as part of Ripple’s long-term plan to strengthen its infrastructure and drive adoption.
XRP was trading at around $2.14, down 1.48% in the last 24 hours at press time.
Source: bravenewcoin.com
