Ripple’s RLUSD Mints $10M in 24 Hours as Market Cap Surges Toward $500M

Ripple’s USD-backed stablecoin, RLUSD, is rapidly gaining momentum, minting 10 million tokens in just 24 hours, according to data from the Ripple Stablecoin Tracker on X. The minting, completed through the RLUSD Treasury, reflects growing demand for Ripple’s native stablecoin as it continues to integrate more deeply into real-world payment ecosystems.

💵💵💵💵💵💵💵 10,000,000 #RLUSD minted at RLUSD Treasury.https://t.co/dzuF0cJ5vZ
— Ripple Stablecoin Tracker (@RL_Tracker) June 18, 2025

As of the latest update, RLUSD’s market capitalisation has climbed to approximately $415.72 million, based on CoinMarketCap data. This surge places RLUSD among the fastest-growing stablecoins in the industry.

Ripple Expands RLUSD’s Utility Across Institutional Ecosystems

The stablecoin’s recent rise aligns with Ripple’s ongoing expansion into institutional finance and the tokenisation of real-world assets. RLUSD is positioned at the centre of this push, increasingly being used to facilitate on-chain settlements, liquidity management, and tokenised treasury exposure.

One notable development is the integration of Ondo Finance’s OUSG fund, a short-term U.S. Treasury-backed product, into the XRP Ledger (XRPL). Users can now mint and redeem OUSG directly using RLUSD, demonstrating RLUSD’s growing role as a settlement bridge for real-world assets.

Stablecoin Momentum Builds Amid Regulatory Shifts

The timing of RLUSD’s acceleration couldn’t be more strategic. Just this week, the U.S. Senate passed the GENIUS Act, a regulatory framework designed to govern stablecoins. If enacted into law, the act would require stablecoins to be fully backed by liquid reserves, such as U.S. dollars or short-term Treasury bills, and mandate transparent reporting of their reserve compositions.

Analysts suggest that this legislation could spark wider adoption of stablecoins, especially among retailers and financial institutions seeking stable, regulated digital payment options. Already, several large U.S. retailers have expressed interest in leveraging stablecoins for online transactions, signalling growing mainstream acceptance.

Final Thoughts

As stablecoins become more integrated into traditional finance and commerce, Ripple’s RLUSD appears well-positioned for continued growth. With over $10 million minted in a single day and a $500 million market cap now within reach, RLUSD is rapidly emerging as a serious contender in the evolving stablecoin landscape.

Ripple’s broader strategy, anchored by institutional partnerships, regulatory alignment, and asset tokenisation, is helping to solidify RLUSD’s role in the future of blockchain-powered finance.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.