July 11, 2026
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Crypto Desk

Ripple mints $20M RLUSD, increasing total supply to 1.53B

NFT and Token Airdrop Tax Considerations

Ripple has minted $20 million worth of RLUSD, increasing its total supply to 1.53 billion as it seeks to penetrate the regulated stablecoin market, which is currently led by USDT and USDC, with market capitalizations of $183 billion and $74 billion, respectively. This move aligns with Ripple’s strategy to build supply and liquidity for RLUSD, positioning it as a compliant alternative that caters to institutions looking for regulated stablecoin options.

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