The news is about the growth and minting of a stablecoin (rlusd), which aims to maintain a peg to the us dollar. while the minting indicates increasing adoption and market presence, it doesn't directly affect the price of other cryptocurrencies like xrp or broader market sentiment in a significant way. the impact is primarily on the stablecoin ecosystem itself.
The article cites coingecko data and mentions specific minting events and amounts, which are verifiable on-chain activities. the reporting is factual and attributes information to data sources and recent events.
As rlusd is a stablecoin, its primary function is to maintain a stable price, typically pegged to $1 usd. therefore, news about its minting or market cap growth does not lead to price appreciation or depreciation in the way it would for a volatile cryptocurrency. the focus is on its stability and growing adoption.
The specific minting events and approaching milestones are current news. while the trend of stablecoin growth can have a longer-term impact on the crypto market, this particular piece of news focuses on a very recent development.
Cover image via U.Today Ripple's current standing A month of massive mints Advertisement The total market capitalization of Ripple USD (RLUSD) is currently hovering at $1.58 billion, CoinGecko data shows. The red-hot stablecoin is currently just a hair's breadth away from reaching the $1.6 billion milestone following the latest 10 million mint on the XRP Ledger that took place earlier today. RLUSD is currently the 52nd largest cryptocurrency overall in the global market. This makes 12th largest stablecoin in circulation today. HOT Stories Ex-Ripple Engineer: XRP Protocol Freeze Influenced Ethereum, Google Issues Scam Alert for iPhone Users, Shiba Inu (SHIB) Secures Binance Trading Expansion: Morning Crypto Report Hayes Issues Dire Warning About Bitcoin's Impressive Price Rally Ripple's current standing A few entrenched giants continue to rule the roost, but new entrants like RLUSD are quickly carving out billion-dollar market shares. Advertisement Tether (USDT) remains the undisputed king with a staggering $183.6 billion market cap. It is followed by Circle’s USDC at $77 billion. They are responsible for the lion's share of stablecoin liquidity. Below the top two, the market fragments into specialized and decentralized options. Sky's USDS (formerly Maker's DAI ecosystem) holds the #12 overall crypto spot with an impressive market cap of $10.7 billion. Ethena's yield-bearing USDe sits at $5.9 billion. You Might Also Like Fri, 02/20/2026 - 10:24 Ripple Increases RLUSD Liquidity With Latest $20 Million Mint By Gamza Khanzadaev Advertisement PayPal USD (PYUSD) currently leads the cohort of highly regulated corporate stablecoins with $4.19 billion. Recently launched assets like Falcon USD (USDF) and Global Dollar (USDG) sit just ahead of Ripple at roughly $1.73 billion and $1.72 billion, respectively. At $1.58 billion, RLUSD has successfully leapfrogged several established players, currently sitting ahead of Binance's BFUSD ($1.31 billion) and Tron's USDD ($712 million). A month of massive mints The RLUSD Treasury embarked on a rather aggressive minting strategy in February. The San Francisco-headquartered giant injected nearly 75 million new RLUSD into circulation over just three weeks in February. A massive 30 million RLUSD was minted at the Treasury on Feb. 9. Another tranche of 20 million RLUSD was minted and transferred to Ripple's primary distribution wallets on Feb. 19. The momentum continued later into the month. As reported by U.Today , Ripple recently conducted its largest one-day mint ever with a total of 69 million tokens. #Ripple News #RLUSD