Ripple's RLUSD Adds 20 Million New Tokens on Ethereum Network

Ripple's RLUSD Adds 20 Million New Tokens on Ethereum Network

Source: UToday

Published:15:44 UTC

BTC Price:$67605

#rlusd #stablecoin #ripple

Analysis

Price Impact

Low

The minting of new rlusd tokens on the ethereum network increases supply, which typically has a neutral to slightly bearish short-term impact on price if demand doesn't immediately match. however, as rlusd is a stablecoin, its price is designed to remain pegged to a fiat currency (usd), so significant price fluctuations are not expected.

Trustworthiness

High

The information comes from a blockchain tracker and is reported by a financial news outlet. the minting event is a verifiable on-chain transaction.

Price Direction

Neutral

As rlusd is a stablecoin, its primary function is to maintain a stable value, typically pegged to $1 usd. therefore, price movements are expected to be minimal and cent-based, not indicative of a bullish or bearish trend in the traditional crypto sense.

Time Effect

Short

The immediate effect of minting is an increase in supply, which could lead to very short-term price stabilization pressures if not met by immediate demand. however, the stable nature of the coin mitigates long-term directional price impact.

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Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Blockchain payments firm Ripple Labs Inc has expanded the supply of RLUSD, its native stablecoin asset. According to data from Ripple Stablecoin Tracker, the company has minted 20,000,000 RLUSD on the Ethereum network. Advertisement Ripple stablecoin eyeing $2 billion milestone Ripple has continued to drive liquidity for the RLUSD stablecoin. Thus far this week, the firm has completed two major successful token minting exercises, the first featuring 20 million RLUSD also on the Ethereum protocol. Before these minting events, there were a series of RLUSD token burns recorded in at least three tranches surpassing 3,300,000 tokens. The goal for Ripple is to enhance liquidity for the asset at a time when stablecoin liquidity has continued to dry up due to negative market sentiment. 💵💵💵💵💵💵💵 20,000,000 #RLUSD minted at RLUSD Treasury. https://t.co/iVykwoU9AN?from=article-links — Ripple Stablecoin Tracker (@RL_Tracker) February 20, 2026 Should the firm manage to sustain the pace of minting, RLUSD is on track to hit the $2 billion market capitalization in the first half of this year. As of writing time, RLUSD has a circulating supply of 1.55 billion, up by over 2% in 24 hours. This uptick reflects the ongoing minting events on the Ethereum network. Demand is arguably higher on Ethereum, setting the pace for the token’s integration in DeFi platforms across the board. With the growth in its overall supply, RLUSD entered the top 50 list of crypto assets, displacing more established assets like Ethereum Classic (ETC). Role of Ripple in RLUSD growth Besides being the firm managing the minting and burning of the RLUSD stablecoin, Ripple is also its biggest promoter of the token. You Might Also Like Fri, 02/20/2026 - 13:20 Ripple Exec Reveals Launch of Tokenized Properties Trading on XRP Ledger By Caroline Amosun Over the past few months, Ripple has unveiled a series of partnerships aimed at putting RLUSD at the forefront of institutional adoption. One of the latest deals is that of Zand, aimed at actualizing extensive RLUSD integration in the United Arab Emirates (UAE). While still below the dominant stablecoins on the market, including Tether (USDT) and Circle’s USDC, RLUSD has maintained a steady growth pace since its inception. #RLUSD