Ripple USD Stablecoin Soars Overnight With $35 Million out of Nowhere
Analysis
Price Impact
MedThe significant minting and surging volume of ripple's rlusd stablecoin (now at $1.49 billion circulating supply) indicates growing demand and utility for ripple's institutional offerings. while rlusd is a stablecoin, its success reflects positively on the broader ripple ecosystem, potentially boosting sentiment and future adoption for xrp.
Trustworthiness
HighInformation is based on verifiable data from ethereumscan, coinmarketcap, and a dedicated ripple stablecoin tracker. the sources are credible crypto news outlets.
Price Direction
BullishIncreased activity and adoption of ripple's stablecoin strengthens ripple's market position, especially in the institutional space. this growing utility and regulatory clarity for ripple's products can lead to increased investor confidence and demand for xrp, acting as a bullish catalyst over time.
Time Effect
LongBuilding stablecoin market share, attracting institutional partners, and expanding the utility of the ripple ecosystem are long-term strategic initiatives. the current surge suggests a foundational shift rather than a short-term pump.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Ripple USD stablecoin just hit a new record with $35,000,000 worth of RLUSD minted at the treasury overnight. Ripple's stablecoin tracker on EthereumScan caught the transaction right away and linked it to an RLUSD move to an address beginning "0xfbca8b5f." Advertisement The latest mint of RLUSD, which launched last year as Ripple's response to USDC and USDT, has now amassed a $1.49 billion circulating supply, according to updated CoinMarketCap data. Even though it is only eighth among all crypto in total cap, RLUSD is crushing it in daily volume, raking in a whopping $259.5 million in just 24 hours. That is more than PayPal's PYUSD, the Global Dollar (USDG) and some top 10 contenders too. HOT Stories Crypto Market Review: Shiba Inu's (SHIB) 1,000,000,000,000 Bull Market Trigger, Bitcoin (BTC) Crash Might Stop Here, Is Dogecoin (DOGE) in Mini-Bull Market? Galaxy's Novogratz Denies Bitcoin Collapsed Due to Quantum Threat 💵💵💵💵💵💵💵 35,000,000 #RLUSD minted at RLUSD Treasury. https://t.co/dZdp0oSCYg?from=article-links — Ripple Stablecoin Tracker (@RL_Tracker) February 3, 2026 So, what does a sudden 35 million mint actually mean? It could be inventory for exchange liquidity, OTC settlement rails or structured flows where redemptions and reissuance happen in tight loops. Advertisement This is especially true in the current market environment, where the only thing that is growing is stablecoin dominance. It could also be balancing the treasury across venues, where minting is used to meet the immediate demand for transfers without draining existing hot wallets. Stablecoin game intensifying, and Ripple is here for it The stablecoin market share has been getting more and more focused on a few names, like Tether, USDC and USDe, but RLUSD's recent surge in volume might be a sign of bigger things to come. Ripple might be using its unused network capacity and clear regulations to get into the institutional-grade dollar issuance game more, especially since U.S. banks are still on the fence. Advertisement You Might Also Like Tue, 02/03/2026 - 17:47 U.Today Crypto Digest: Ripple's RLUSD Eyes $1.5 Billion Milestone, BlackRock Dumps Staggering $671 Million in Bitcoin and Ethereum, XRP Hits 1,407% Liquidation Imbalance By Dan Burgin Either way, the important detail is not just the $35 million headline. It is the pattern that matters. Thirty-five million after 15 million after 59 million reads like a Ripple treasury feeding pipes that are already running. #Ripple News #XRP #XRP News