- RLUSD’s contemporary mints elevated circulating provide to roughly $1.4 billion.
- RLUSD stays absolutely supported and has reserves above provide ranges.
- In accordance with Binance analysis, RLUSD has surpassed $1 billion with clean and constant development.
Ripple’s USD stablecoin, RLUSD, is nearing a milestone because the XRP Ledger’s new minting exercise additional will increase its circulating provide. On-chain information from the Ripple stablecoin tracker exhibits that 28.2 million RLUSD was minted within the RLUSD Treasury on Monday, with a further 59 million RLUSD issued since then. Collectively, the 2 transactions added 87.2 million RLUSD in new provide.
These newest mints carry the full circulating provide of RLUSD to roughly $1.4 billion, inserting it inside attain of the $1.5 billion stage.
For the uninitiated, RLUSD is primarily designed for institutional traders quite than retail buying and selling or short-term yield methods. Stablecoins are issued by Customary Custody, a restricted function belief firm licensed and supervised by the New York Division of Monetary Companies (NYDFS). Beneath this framework, RLUSD is 100% backed by US {dollars} and liquid money equivalents, and reserves have to be held in segregated accounts.
Transparency and reserve monitoring
Ripple publishes a month-to-month readiness report for RLUSD ready by an impartial, U.S.-licensed CPA. These reviews affirm the quantity of RLUSD in circulation and element the composition of reserves. The certification follows requirements set by the American Institute of Licensed Public Accountants and NYDFS steerage issued in 2022.
As of January 22, 2026, RLUSD reserves exceeded circulating provide, reinforcing the stablecoin’s absolutely backed standing. New reviews are launched inside 30 days of the tip of every month.
The right way to examine RLUSD development
A current research from Binance exhibits how the expansion of RLUSD differs from that of different new stablecoins. Binance said in its 2025 Stablecoin Report that RLUSD was one in all six stablecoins to surpass $1 billion in market capitalization in the identical yr.
The report discovered that consumer-focused stablecoins corresponding to PYUSD and USD1 have proven uneven development, typically pushed by short-term incentives corresponding to high-yield DeFi campaigns and promotional charges. In distinction, institutional stablecoins, together with RLUSD, have adopted a smoother and extra constant upward path.
As provide continues to develop at a gradual tempo, all eyes are on whether or not RLUSD will cross the $1.5 billion milestone quickly.
Associated: Ripple receives full EMI approval in Luxembourg, goals for EU growth
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