XRP News Today: Ripple Mints 10 Million RLUSD Amid 54% Stablecoin Market Growth

Ripple has recently minted 10 million RLUSD, a significant move that coincides with the growing traction of the Genius Act in the U.S. Senate. This legislative push is driving a surge in demand for stablecoins, with the total market capitalization reaching $251.55 billion in June 2025, marking a 54% increase from the previous year. This growth is attributed to institutional adoption and regulatory clarity, which are fostering a stablecoin boom.

U.S. Treasury Secretary Scott Bessent highlighted the potential of stablecoins to strengthen the U.S. dollar’s global dominance, suggesting they could become one of the largest buyers of U.S. Treasurys. Ripple’s strategy to promote RLUSD at this juncture could disrupt the market currently dominated by Tether and Circle. Circle’s USDC, for instance, is nearing a $40 billion market cap, indicating strong investor interest. Both Ripple and Circle are well-positioned to capitalize on the shift towards more stable and regulated digital assets.

The Genius Act is seen as a pivotal piece of legislation that could reshape the financial system over the next 6 to 24 months. Clear regulatory paths proposed in the act are boosting market sentiment around stablecoins like RLUSD and USDC. Legal expert John Deaton noted that this could significantly increase demand, while Ripple CEO Brad Garlinghouse suggested that stablecoin market caps could grow 5–10 times in the next five years. The minting of RLUSD is viewed as a strategic move by Ripple to enhance its position in regulatory discussions.

Ripple’s broader ecosystem is also gaining momentum. Nearly 79% of XRP holders are now in profit, reflecting growing confidence in Ripple’s network, especially as RLUSD adoption increases. Increased wallet activity and more active addresses indicate that users are becoming more engaged with XRP Ledger-based tools and services.

As the stablecoin space heats up, companies like Ripple, Gemini, and Kraken are reportedly preparing for public listings. Rising valuations and regulatory clarity are fueling optimism, which could attract both institutional and retail investors seeking exposure to regulated crypto firms.

Ripple’s latest mint of RLUSD is a strategic move that aligns with U.S. legislative progress, indicating the company’s preparation for greater utility and demand. With more clarity from lawmakers and rising interest from investors, Ripple is positioning itself for long-term growth in the stablecoin space.