Ripple has minted another 10 million units of its Ripple RLUSD stablecoin directly on the XRP Ledger, a routine-looking move that actually says a lot about how fast the token’s footprint has grown since its debut. The mint, confirmed on August 17, 2026, pushed RLUSD’s circulating supply past 1.7 billion tokens and coincided with a fresh wave of institutional and regulatory milestones that suggest Ripple is building out RLUSD as serious payments infrastructure rather than a side project.
Key takeaways
- Ripple minted 10 million new RLUSD tokens on the XRP Ledger on August 17, 2026, in a transaction confirmed for a fee of just 0.000405 XRP.
- RLUSD’s market capitalization reached $1.71 billion, with 1.711 billion tokens now in circulation, according to CoinGecko data.
- The stablecoin recorded roughly $58 million in 24-hour trading volume.
- Ripple partnered with Notabene in July to bring RLUSD into the Notabene Flow business-to-business payments platform.
- RLUSD gained regulatory approval in Japan through the Financial Services Agency and expanded to Türkiye via BiLira, Bitexen, and Bitlo.
Ripple Mints 10 Million RLUSD on XRP Ledger
Ripple’s RLUSD issuer account minted 10 million new tokens on the XRP Ledger, adding another layer to a stablecoin that has been expanding steadily since it launched in December 2024. The move was picked up through on-chain data, giving outside observers a clear, verifiable look at how Ripple manages its stablecoin supply in real time.
Details of the August 17 Minting Transaction
According to data from XRPScan, the transaction was processed and confirmed on August 17, using a two-signer multisignature setup that recorded a maximum delivery amount of 10 million RLUSD. The network fee for the entire operation came to just 0.000405 XRP, a figure that underscores how inexpensive it remains to move large sums on the XRP Ledger compared to many traditional settlement rails. The newly issued tokens were sent to a designated RLUSD destination account, following the standard issuance process Ripple has used for previous mints.
Current RLUSD Supply and Market Capitalization
The fresh issuance brought RLUSD’s total circulating supply to 1.711 billion tokens, according to CoinGecko figures, with a market capitalization reaching $1.71 billion. That scale matters: it places RLUSD firmly among the more established dollar-pegged tokens tracked across major crypto data platforms, and it shows the stablecoin’s balance sheet growing in tandem with new use cases rather than staying flat.
Trading Activity and Institutional Demand for RLUSD
RLUSD’s trading activity has kept pace with its supply growth, with the token recording approximately $58 million in 24-hour trading volume. That level of turnover points to a stablecoin that is not just sitting idle in wallets but actively circulating through exchanges and payment rails.
Why does this matter? A rising market cap paired with steady trading volume typically signals genuine demand rather than a one-off supply bump. Since its December 2024 launch, RLUSD has expanded its footprint significantly, and the pace of minting activity in 2026 suggests Ripple sees enough institutional appetite to keep scaling issuance rather than pausing to let existing supply absorb.
Strategic Partnerships Enhancing Compliance and Payments
Ripple’s push to make RLUSD more usable for real-world business payments took a concrete step in July, when the company partnered with Notabene to strengthen the stablecoin’s compliance and institutional payments infrastructure. This kind of integration matters because compliance tooling is often the deciding factor for banks and large corporates weighing whether to touch a given stablecoin at all.
Integration with Notabene Flow for Business-to-Business Payments
The partnership brings RLUSD directly into Notabene Flow, a platform built specifically for business-to-business stablecoin payments. That integration gives corporate users a compliance-ready channel to move RLUSD between counterparties without building their own verification systems from scratch.
Exploring Notabene Compliance Infrastructure with Ripple Payments
Beyond the Flow integration, Ripple and Notabene are also exploring ways to connect Notabene’s transaction authorization and compliance infrastructure with Ripple Payments. If that link deepens, it could give institutional clients a more unified compliance layer spanning both transaction screening and payment execution, which is exactly the kind of plumbing that tends to attract risk-averse financial institutions.
Regulatory Milestones and Regional Expansion
RLUSD’s growth story is not only about issuance numbers on the XRP Ledger. It is also about clearing regulatory hurdles in specific jurisdictions, which is arguably the harder part of scaling any stablecoin internationally.
Japan Financial Services Agency Approval and SBI VC Trade Launch
Following approval from the Japan Financial Services Agency, RLUSD made its official debut in Japan during June. The stablecoin became available to both institutional and retail users via SBI VC Trade’s VCTRADE platform, and SBI described RLUSD as Japan’s first stablecoin handled under the country’s fourth category of electronic payment instruments. That designation places RLUSD in a distinct regulatory bucket within Japan’s stablecoin framework, giving it a formal legal footing that not every dollar-pegged token can claim in that market.
Expansion into Türkiye through Partnerships with BiLira, Bitexen, and Bitlo
Ripple also widened RLUSD’s regional reach in June by announcing partnerships with BiLira, Bitexen, and Bitlo, which made the stablecoin available to institutions in Türkiye. Together, the Japan approval and the Türkiye rollout show a pattern: Ripple is prioritizing markets where it can pair regulatory clarity with local exchange partners, rather than pushing RLUSD broadly without local infrastructure in place.
What the Pattern Suggests
Taken together, the August mint, the Notabene compliance work, and the regulatory wins in Japan and Türkiye paint a picture of a stablecoin being built out methodically rather than rushed to market. For institutional players watching from the sidelines, each new approval or partnership lowers the operational friction of actually using RLUSD for cross-border settlement or business payments. That is the broader significance here: it is less about a single 10 million token mint and more about what that mint represents inside a steadily expanding network of compliance tools and regulatory approvals.
FAQ
How many RLUSD tokens did Ripple mint on August 17, 2026?
Ripple minted 10 million RLUSD tokens on the XRP Ledger on August 17, 2026.
What is the current market capitalization of RLUSD?
RLUSD’s market capitalization reached $1.71 billion, with 1.711 billion tokens in circulation.
What compliance measures have been integrated with RLUSD recently?
Ripple partnered with Notabene to integrate RLUSD into the Notabene Flow platform, enhancing compliance and institutional payments infrastructure.
Where has RLUSD expanded regionally with regulatory approval?
RLUSD received approval from the Japan Financial Services Agency and launched via SBI VC Trade in Japan, and it expanded to institutions in Türkiye through partnerships with BiLira, Bitexen, and Bitlo.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.
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