Blockchain payments company Ripple Labs has expanded its supply of blockchain payments. $RLUSDits native stablecoin asset. According to data from Ripple Stablecoin Tracker, the company minted $20,000,000. $RLUSD on the Ethereum network.
Ripple stablecoin aims for $2 billion milestone
Ripple has continued to promote liquidity. $RLUSD stablecoin. So far this week, the company has completed two major successful token minting exercises. 20 million $RLUSD It is also present in the Ethereum protocol.
These minting events were preceded by a series of events. $RLUSD Token burn recorded in at least three tranches exceeded 3,300,000 tokens. Ripple’s goal is to increase the liquidity of its assets as negative market sentiment continues to deplete stablecoin liquidity.
💵💵💵💵💵💵💵 20,000,000 #$RLUSD was cast in $RLUSD Ministry of Finance. https://t.co/iVykwoU9AN?from=article-links
— Ripple Stablecoin Tracker (@RL_Tracker) February 20, 2026
If the company manages to maintain its casting pace; $RLUSD is expected to reach a market capitalization of $2 billion in the first half of this year.
At the time of writing, $RLUSD The circulating supply of was 1.55 billion, an increase of more than 2% in 24 hours. This increase reflects the ongoing mint event on the Ethereum network. Demand is likely higher for Ethereum, setting the pace of token integration across DeFi platforms.
With the increase in overall supply, $RLUSD entered the top 50 A list of crypto assets and an alternative to more established assets like Ethereum Classic (ETC).
Ripple’s role in $RLUSD growth
In addition to being a company that manages the casting and combustion of $RLUSD Stablecoin Ripple is also the largest promoter of its tokens.
Over the past few months, Ripple has $RLUSD We are at the forefront of institutional implementation.
One of the latest deals, the Zand deal, aims to do just that. extensive $RLUSD integration Located in the United Arab Emirates (UAE).
Although it is still underperforming stablecoins that are dominant in the market, such as Tether (USDT) and Circle’s USDC. $RLUSD Since our establishment, we have maintained a steady growth pace.
