Ripple Halts RLUSD Minting for Over 40 Days Despite Market Surge
The post Ripple Halts RLUSD Minting for Over 40 Days Despite Market Surge appeared on BitcoinEthereumNews.com.
Ripple has not minted any new RLUSD tokens in over 41 days despite high market activity. The last RLUSD minting happened on April 25 as Ripple adopted a cautious supply strategy. According to X posts thats tracks the minting of RLUSD, Ripple has not minted any new RLUSD tokens in over 41 days. The last issuance occurred on April 25, with 11.5 million RLUSD minted at the Treasury. This pause in stablecoin creation comes during a period of heightened market activity, including Bitcoin reaching an all-time high of $111,970. Ripple will likely have held off on growing RLUSD supply despite greater trading volumes. The company had previously indicated caution with stablecoin issuance, planning to manage supply closely to ensure the coin stays stable and boosts demand. Ripple analysts suggest that the existing RLUSD supply may have already met institutional and on-chain demands, removing the need for new mints in the short term. Moreover, Ripple’s measured supply strategy matches Ripple’s positioning against dominant issuance players such as Tether and Circle. Ripple maintains issuance for RLUSD, creating credibility around what it says is a fully-backed reserve model that it confirms by verifying independent audits. Dubai Greenlights RLUSD for Regulated Use Ripple has secured another key regulatory milestone from Dubai’s financial authority (DFSA), allowing it to use RLUSD in the Dubai International Financial Centre (DIFC). The approval enables DFSA-licensed firms such as banks, fintech startups, and payment service providers to incorporate RLUSD into their treasury operations and payment flows. With DFSA approval, Ripple joins Circle as one of Dubai’s few regulated digital assets for use within its financial ecosystem and RLUSD as one of a small number of approved stablecoins. The stablecoin must adhere to extremely stringent transparency and reserve requirements to continue being eligible. An audited third-party audit shows RLUSD is backed…
Filed under: News - @ June 4, 2025 4:22 pm