$275 Million Added to RLUSD as XRP Ledger Network Activity Rises

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 (RLUSD) has seen a significant increase in activity over the last seven days, especially on the XRP Ledger. Hussein Zangana, XRP Ledger Foundation Director of Community, who goes by the name Vet on X, shares this information in a recent tweet. Advertisement According to Vet , who is also an XRP Ledger dual validator, there were "lots of minting and redeeming of RLUSD on XRP." Lots of minting and redeeming of $RLUSD on XRP this week. Net inflow liquidity of +$275M. Binance also handled some RLUSD - ICYMI they also service RLUSD on XRP. Good chances we see next week Gemini with end of month mint/redemptions. pic.twitter.com/zYOIhO3ZgT — Vet (@Vet_X0) May 24, 2026 The past week saw a significant number of mint and burn transactions, some of which were reported by the Ripple Stablecoin tracker X account. Advertisement You Might Also Like Thu, 05/21/2026 - 12:33 XRP Ledger Adds 500,000 Payments in 24 Hours By Arman Shirinyan HOT Stories Crypto King Barry Silbert: Privacy Era is Here Zcash (ZEC) Paints Falling Star as Momentum Fades, Toncoin (TON) on Verge of Bullish Boundary, Shiba Inu (SHIB) Price Reset Is Near: Crypto Market Review On May 22, 10,095,600 RLUSD was minted at RLUSD Treasury. On May 21, 15,000,000 RLUSD tokens were burned while 10,036,746 RLUSD were minted. On May 20, 20,000,000 RLUSD were burned at RLUSD Treasury. In other transactions, 230,000,000 RLUSD were minted on the XRP Ledger while 10,000,000 RLUSD were burned at RLUSD Treasury. According to a screenshot shared by Vet, $354.4 million RLUSD was minted in the last seven days, while the total burned equated to $78.7 million in this time frame. This yields a net liquidity inflow of over $275 million. Advertisement Binance activity leads to inflow surge Vet noted that major crypto exchange Binance handled RLUSD transactions during the period. "Binance also handled some RLUSD — ICYMI they also service RLUSD on XRP," Vet stated. You Might Also Like Fri, 04/03/2026 - 10:16 Ripple USD Stablecoin Secures Rare Listing Against Tokenized Gold by Tether and Paxos By Gamza Khanzadaev In January, Binance announced Ripple USD stablecoin listing, which included Spot trading support for RLUSD; portfolio margin eligibility, increasing RLUSD's utility in leveraged trading strategies; and inclusion in Binance Earn, giving users new ways to interact with and benefit from RLUSD holdings. Vet further suggested that another major development could emerge soon, highlighting the possibility of further RLUSD-related activity at the close of the month involving crypto exchange Gemini. "Good chances we see next week Gemini with end of month mint/redemptions," Vet stated. RLUSD's market cap recently crossed $1.7 billion and is steadily increasing, backed by growing use cases in payments and DeFi. #RLUSD #XRP Ledger #Ripple News #Binance