- Ripple mints 23M RLUSD in 24h, doubling liquidity for Aave V3 integration and cross-border payment channels.
- Aave V3 users now supply/borrow RLUSD with 50M supply cap, as deposits hit 77.35M, per IntoTheBlock data.
Ripple has issued 23,000,000 RLUSD stablecoins in the last 24 hours, according to on-chain data. The minting occurred in two equal transactions of 11,500,000 RLUSD each, processed through the RLUSD Treasury, Ripple’s central system for managing the stablecoin’s supply. This action reflects Ripple’s ongoing efforts to ensure adequate availability of RLUSD for trading, lending, and payment networks.
💵💵💵💵💵💵💵 11,500,000 #RLUSD minted at RLUSD Treasury.https://t.co/8NnnDuuwyn
— Ripple Stablecoin Tracker (@RL_Tracker) April 25, 2025
The minting follows Ripple’s decision in early April to incorporate RLUSD into its cross-border payment service, Ripple Payments, which handles international transfers for corporate clients. Vet, a validator linked to the XRP Ledger, speculated the new tokens might replenish reserves after recent usage.
Separately, RLUSD became available this week on Aave V3, a lending platform built on Ethereum. Aave users can now deposit or borrow RLUSD, with deposit limits set at 50 million tokens and borrowing capped at 5 million.
Data from analytics provider IntoTheBlock indicates RLUSD deposits on Aave now total 77,350,849.54 tokens, surpassing prior records. Launched in December 2024, RLUSD holds a market value of $317 million, as reported by CoinMarketCap. The stablecoin operates on both the XRP Ledger and Ethereum, backed by U.S. dollar reserves, Treasury bonds, and cash-like assets.
Ripple’s latest mint aligns with its strategy to expand RLUSD’s utility across financial platforms. By adding the stablecoin to decentralized lending protocols like Aave, Ripple aims to increase its use in earning interest or securing loans. Analysts note that stablecoins with broader liquidity often see higher adoption, particularly in cross-border transactions where speed and low fees are priorities.
The RLUSD Treasury’s role as the primary issuance channel allows Ripple to adjust supply based on demand. While the company has not disclosed future minting plans, the recent activity suggests preparation for potential usage spikes. As RLUSD gains traction in payments and decentralized finance, its integration into multiple systems highlights Ripple’s push to bridge traditional finance with blockchain-based solutions.
Meanwhile, the Aave listing provides RLUSD holders additional options to leverage their holdings, potentially attracting users seeking yield opportunities. Ripple’s approach mirrors strategies used by other stablecoin issuers to balance supply with real-world demand, ensuring each token remains fully redeemable for its $1 peg.
XRP (Ripple) is currently trading at $2.177, showing a -0.67% daily loss, but maintaining a +4.36% gain over the past week despite a -6.93% dip over the past month. Impressively, XRP is up +319.69% over the past 6 months and +313.91% over the past year, confirming its strong long-term momentum. The market cap stands at $127.26 billion, with 24-hour trading volume of $2.67 billion, and a circulating supply of 58.44 billion XRP.
From a technical standpoint, XRP is currently struggling to surpass the 50-day SMA at $2.18, having briefly touched an intraday high of $2.24 before pulling back. If XRP successfully breaks and holds above the $2.25–$2.30 resistance zone, the next targets are $2.50 and $2.77.
Immediate support lies around $2.12, and failure to hold this could push the price back toward the $2.00 psychological level. Oscillators show a neutral bias, while moving averages hint at bullish continuation if volume strengthens.
On the fundamentals, XRP’s outlook has been boosted by the swearing-in of Paul Atkins as the new SEC Chair, a move that could favor Ripple in its ongoing lawsuit.
