The article discusses the minting and burning of rlusd stablecoin by ripple. while the 'money printer' analogy highlights ripple's supply management, the actual amounts minted (1.965 million) and burned (9.1 million) are relatively small compared to the overall market cap and daily trading volume of major stablecoins. this suggests a controlled and localized operational adjustment rather than a market-moving event.
The information is sourced from 'rlusd tracker' and 'ripple stablecoin tracker,' which appear to be dedicated tracking platforms. the article also references general market rankings. however, it's important to note that ripple's rlusd is still a relatively new stablecoin, and its long-term stability and market impact are yet to be fully established. the 'genius act' reference for 2026 requires further verification of its direct impact on rlusd operations.
The actions described (burning and minting) are part of ripple's stablecoin management strategy to maintain a low idle supply and comply with potential future regulations. these are operational adjustments rather than indications of a strong bullish or bearish sentiment for rlusd itself or its associated coin xrp. the stablecoin's price is designed to remain pegged to the usd.
The minting and burning events occurred on consecutive days (march 8th and 9th). while these specific actions are immediate, their long-term implication relates to ripple's overall stablecoin strategy and regulatory compliance, which will unfold over a longer period. however, the immediate market reaction to these specific events is likely to be minimal and short-lived.
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. According to RLUSD Tracker , on March 8, 9.1 million RLUSD were permanently removed from circulation, likely as part of a reserve rebalancing effort. However, already today, March 9, Ripple Treasury minted a new batch totaling 1,965 RLUSD. Advertisement Advertisement Source: Ripple Stablecoin Tracker According to the latest Top USD Stablecoin Tokens ranking, Ripple’s stablecoin currently holds eighth place among the largest dollar-backed stablecoins, with a market capitalization of $1.58 billion. In the global crypto ranking, such capitalization places it in 45th place. At the same time, RLUSD’s trading volume over the past 24 hours stands at just under $100 million. Why Ripple burns before it mints The main point of interest here is not the numbers themselves, of course, but how exactly Ripple manages the supply. If Tether prints billions of USDT and they simply sit on the market, Ripple demonstrates something closer to surgical precision, which resembles the work of a central bank rather than that of a crypto project. HOT Stories Breaking: Strategy Buys $1.3 Billion Worth of Bitcoin (BTC) XRP Suffers $30.3 Million Blow From ETFs, Is Shiba Inu (SHIB) Now Available in Europe by Coinbase? Dogecoin (DOGE) Hints at 37% Breakout Chance: Morning Crypto Report A burn of 9.1 million followed almost immediately by minting close to one million. These are not chaotic actions, but rather, a continuation of the liquidity-on-demand model that Ripple already uses with XRP . This approach prevents tokens from sitting idle in wallets. Every time RLUSD is minted, it effectively means a specific large fund or exchange has pressed the buy button. In other words, this is a stablecoin with almost zero idle supply. Advertisement Ripple is required to verify every cent under the strict regulatory environment of 2026 following the adoption of the Genius Act in the United States. By burning nine million tokens, the company demonstrates to auditors that there is not a single excess or unbacked cent. You Might Also Like Mon, 03/09/2026 - 12:01 XRP Suffers $30.3 Million Blow From ETFs, Is Shiba Inu (SHIB) Now Available in Europe by Coinbase? Dogecoin (DOGE) Hints at 37% Breakout Chance: Morning Crypto Report By Gamza Khanzadaev #Ripple News #RLUSD #XRP