The post Ripple Unleashes 12 Million RLUSD Ahead of Senate Stablecoin Vote appeared on BitcoinEthereumNews.com.

Ripple dropped 12 million new RLUSD right before the GENIUS Act hits the Senate. That bumped supply by 3%, and trading volume jumped 30% in just one day. The GENIUS Act could make or break RLUSD’s shot at real traction in regulated finance. Ripple just dropped 12 million new RLUSD tokens, and the timing feels anything but random. With the U.S. Senate gearing up for a big vote on the GENIUS Act, potentially a turning point for stablecoin regulation. The company had hit pause on new issuance back in April and even burned a chunk of tokens last month, but now it’s flipping the switch again. Ripple seems pretty confident that regulatory tides are turning in its favor, and it’s making sure there’s enough RLUSD liquidity in the system in case demand spikes when the new rules drop. After hitting the brakes in April and burning around 4 million RLUSD tokens last month to tighten up the supply, they’re now shifting gears just days before the GENIUS Act hits the Senate floor. That vote could end up reshaping how stablecoins are handled in the U.S., and Ripple’s clearly trying to get ahead of the curve. This fresh mint looks like a setup to make sure RLUSD has enough liquidity to move fast if the rules change. By mid-June, RLUSD’s total supply was sitting at around 425.7 million tokens. With Ripple tossing another 12 million into the mix, that’s a bump of close to 3%. That pushes the stablecoin’s market cap to somewhere near $425 million. Just after the mint, trading volume spiked nearly 30%, hitting $179 million in just 24 hours. Senator Bill Hagerty and a few others backing the GENIUS Act say it’s key if the U.S. wants to stay in the game when it comes to stablecoin innovation…

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Filed under: News - @ June 14, 2025 3:28 pm