9,000,000 RLUSD Created on XRP Ledger as Ripple Rebalances Supply

In the last 24 hours, 9 million Ripple USD stablecoin ($RLUSD) was minted on $XRP Ledger. This was done in two transactions of 4 million and 5 million $RLUSD.

This comes amid increased $RLUSD activity (both minting and burning) in the month of March. While 9,000,000 $RLUSD was minted on $XRP Ledger, 10,000,002 $RLUSD was burned on the Ethereum blockchain, which might suggest a supply rebalancing.

March has seen significant activity for $RLUSD as Ripple continues to build a regulatory and institutional credibility layer that turns $RLUSD into a settlement asset for enterprise use cases.

In the most recent, on March 26, 10,003,333 $RLUSD and 5,000,000 $RLUSD were minted at Ripple USD treasury on $XRP Ledger. The minting was accompanied by $RLUSD token burns on the Ethereum blockchain.

Six $RLUSD burn transactions were reported by Ripple stablecoin tracker: 1,900,000 $RLUSD was burned at the $RLUSD treasury on $XRP Ledger, while the rest of the burns were carried out on the Ethereum blockchain.

The transactions are as follows: 4,900,000 $RLUSD, 5,000,000 $RLUSD, 2,900,000 $RLUSD, 25,822,566 $RLUSD and 200,000 $RLUSD were burned at Ripple USD treasury.

Ripple USD stablecoin has a total supply of 1.41 billion $RLUSD; a larger part of this supply is on the Ethereum network.

Ripple advances $RLUSD with $XRP Ledger utility

In a recent announcement, Ripple is piloting the use of the $RLUSD stablecoin in Singapore's MAS BLOOM sandbox to automate and speed up cross-border trade payments.

In collaboration with Unloq, a supply chain finance firm, Ripple seeks to replace manual trade finance processes with smart, condition-based settlement on $XRP Ledger.

In early 2026, Ripple surveyed over a thousand financial leaders worldwide, encompassing banks, asset managers, fintech companies and corporations. The survey revealed a strong preference for stablecoins among these leaders.

A total of 74% of respondents stated that stablecoins could help boost cash-flow efficiency and unlock trapped working capital.