- Ripple mints 12M RLUSD after a month-long pause, just days before the Senate’s GENIUS Act vote.
- The timing hints at a strategic move, possibly signaling Ripple’s confidence in upcoming regulation.
- RLUSD trading volume jumps 30%, as the total supply nears 405M across Ethereum and the XRP Ledger.
Ripple has suddenly re-entered the stablecoin spotlight, minting 12 million new RLUSD tokens after a month-long pause, timed perfectly with a critical moment for U.S. crypto regulation. The fresh minting comes just days before the U.S. Senate is set to vote on the GENIUS Act, a proposed law that could dramatically reshape the legal landscape for stablecoins like RLUSD.
This seemingly routine on-chain event is generating outsized attention across the crypto community, as many speculate that Ripple’s move is far more than a simple supply adjustment, it could be a strategic signal of what’s to come.
According to the Ripple Stablecoin Tracker, exactly 12 million RLUSD tokens were minted within the last 24 hours, marking Ripple’s first stablecoin issuance in over a month. This follows a previous stretch of aggressive minting in April and May when as much as 38 million RLUSD were minted in a single day. That surge was followed by a deliberate pause in early May, widely seen as a cooling-off period to allow market equilibrium and gauge adoption trends.
The temporary halt suggested Ripple was committed to responsible growth of its stablecoin, rather than flooding the market. The company appeared focused on maintaining price stability and allowing RLUSD to establish its role as a trusted dollar-pegged asset.
Ripple Expands RLUSD Ahead of Stablecoin Bill
What makes the latest mint particularly intriguing is the timing. On June 17, the U.S. Senate is expected to vote on the GENIUS Act, legislation that aims to bring regulatory clarity to the stablecoin sector. The bill could determine how fiat-backed digital assets are issued, audited, and supervised, impacting major players like Ripple and Circle.
Insiders and observers believe Ripple’s renewed minting may be a calculated show of confidence, possibly signaling the company’s belief that the bill will pass and usher in a more defined, secure legal framework for compliant stablecoins.
For the uninitiated, RLUSD is Ripple’s U.S. dollar-pegged stablecoin, designed to combine the speed and transparency of blockchain with the stability of fiat currency. It offers a solution for traders, remittance users, and DeFi participants looking to avoid crypto volatility.
Most RLUSD supply currently circulates on Ethereum, but a notable portion resides on the XRP Ledger, Ripple’s native blockchain, enabling faster and lower-cost transactions. As of now, the total RLUSD supply stands at approximately 405 million tokens, with 70% on Ethereum and the rest on the Blockchain firm’s infrastructure.

Market Impact and Ripple’s Next Move
Following the latest mint, RLUSD’s 24-hour trading volume spiked by over 30%, reaching $179 million, suggesting renewed interest and potential positioning ahead of regulatory changes. While the firm has not made an official announcement, the action speaks volumes.
Whether a Blockchain firm is preparing for a massive expansion, a new product launch, or regulatory green lights, one thing is clear: the timing is not accidental.
If the GENIUS Act passes, it could trigger a domino effect, prompting banks, fintech firms, and crypto-native companies to enter or re-enter the stablecoin market with renewed vigor. Ripple, with its deep institutional ties and global payments network, is positioning RLUSD to be a frontrunner in the regulated stablecoin era.
For now, the crypto industry watches and waits. But Ripple’s latest move suggests it’s not just preparing for regulation, it’s betting on it.
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