Ripple Mints 39.4 Million RLUSD in Just 24 Hours as Stablecoin Activity Accelerates
Analysis
Price Impact
MedSignificant minting of rlusd indicates increased demand and utility for stablecoins on the xrp ledger, which can indirectly benefit xrp by boosting network activity and potentially attracting more users and developers. however, the direct impact on xrp's price is moderate as rlusd is a stablecoin designed to maintain a peg to usd.
Trustworthiness
HighPrice Direction
BullishIncreased stablecoin activity and minting often signal growing economic participation on a blockchain. this can lead to higher transaction volumes and more development, which are generally bullish indicators for the native cryptocurrency (xrp). the upcoming xrpl upgrade also adds to positive sentiment.
Time Effect
ShortThe minting activity is a very recent event (last 24 hours), and the xrpl upgrade is scheduled for activation in about eight days, suggesting the immediate market impact could be felt in the short term.
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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. Ripple USD stablecoin has seen an increase in activity over the last 24 hours with 39.4 million RLUSD tokens minted in this span. Advertisement According to the Ripple USD tracker website, $33.4 million RLUSD tokens were minted on May 18 while $6 million RLUSD has been minted so far on May 19. This added up to a total of $39.4 million RLUSD minted over the last 24 hours. The Ripple Stablecoin tracker on X reported two transactions which totaled $31 million RLUSD minted. $16 million RLUSD and $15 million RLUSD minted in two separate transactions on the XRP Ledger, Ripple stablecoin tracker reported hours ago. HOT Stories 250 Million XRP in 24 Hours Hits Ledger Amid Rising Market Recovery Potential Ethereum (ETH), Shiba Inu (SHIB), Bitcoin (BTC), XRP and Hyperliquid (HYPE) Price Analysis for May 19th: Volatility Is Back on Menu Meanwhile, $0 in RLUSD was burned in the last 24 hours. The latest mint events boost RLUSD supply on XRP Ledger which is currently at $442,192,034. The total circulating supply of RLUSD according to the Ripple USD tracker website is currently $1,611,422,372. Advertisement You Might Also Like Tue, 03/31/2026 - 19:56 Ripple Burns Nearly 180 Million RLUSD in Mere Hours By Alex Dovbnya May 15 saw a series of burn transactions with 22,075,051 RLUSD and 10,000,000 RLUSD burned at RLUSD Treasury on the Ethereum transaction. Important notice passed to XRP Ledger validators Ripple head of engineering J.A Akinyele sends out an important notice to XRP Ledger validators. This comes ahead of the fix amendment in XRPL version 3.1.3 which is set to activate in about eight days. Advertisement You Might Also Like Mon, 05/18/2026 - 10:58 XRPL Validators Face Upgrade Deadline Ahead of Amendment Activation By Tomiwabold Olajide The XRPL version 3.1.3 was released on May 8 and included one default-yes fix amendment. In a new tweet, Akinyele revealed that 44% of the XRPL network has upgraded to v3.1.3. This is less than half of the network with node operators urged to upgrade as soon as possible. This urgency to update follows as the fix amendment in the XRP Ledger software version 3.1.3 will be activated in about 8 days. Nodes that haven't been updated to the latest software version will be unable to communicate with the network, referred to as amendment blocking. #Ripple News #RLUSD #XRPL