Ripple floods XRP Ledger with $133 million RLUSD in single day as stablecoin gains institutional traction

Ripple minted $133.3 million worth of RLUSD on August 3, marking a significant push to expand liquidity on its native XRP Ledger. The move reflects accelerating adoption of the stablecoin across payments, decentralized finance, and institutional settlement channels.

The single-day mint sits within a much larger surge. Over the past week, $185 million in RLUSD entered circulation on XRPL. The 30-day figure reaches $309 million. Total RLUSD supply on the ledger now stands at $851 million, more than double where it started just weeks ago.

Ripple Mint opens the gates

The real catalyst behind these numbers is Ripple Mint, a feature launched last month that lets institutions mint and redeem RLUSD directly without intermediaries. Users can now bridge the stablecoin across multiple blockchains and track transaction lifecycles end-to-end. More importantly, they can embed RLUSD operations into their own internal systems, turning the stablecoin into infrastructure rather than just a trading asset.

This shift matters because it removes friction. When an institution can mint on demand and integrate RLUSD natively into its workflows, the stablecoin becomes a genuine liquidity tool rather than something you hold and hope appreciates.

Utility expanding beyond XRP

RLUSD is no longer confined to the XRP Ledger. XRP holders can now borrow RLUSD on Ethereum through Sentora, creating a cross-chain bridge for the stablecoin. This matters for two reasons: first, it lets existing XRP communities access RLUSD on the largest smart contract platform. Second, it signals that Ripple sees value in letting other ecosystems tap its stablecoin infrastructure.

The pipeline includes an XRP Ledger Lending protocol expected soon, which will enable institutions to lend and borrow both XRP and RLUSD on-chain. That feature is widely viewed as a major unlock for institutional liquidity, since it transforms both assets from settlement tokens into productive collateral.

This article is informational and does not constitute financial advice. Stablecoin markets remain volatile and regulatory frameworks continue to evolve across jurisdictions.