10,000,000 RLUSD Hits XRP Ledger Even as September Activity Dips

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Altcoins

Ripple recently minted 10 million $RLUSD on the $XRP Ledger, according to a Ripple stablecoin tracker X account, adding to the Ripple USD stablecoin supply on the XRPL blockchain despite a mild activity drop in September so far.

💵💵💵💵💵💵💵 10,000,000 $RLUSD minted at $RLUSD Treasury.https://t.co/O3HJS7mZ2Y
— Ripple Stablecoin Tracker (@RL_Tracker) September 11, 2026

Save for September 1, when $143.1 million $RLUSD was minted on the $XRP Ledger and $7.2 million $RLUSD was burned, other days in September saw significantly less $RLUSD activity.

September 10, 2026 for instance, saw $0 $RLUSD minted on the XRPL with $1.5 million burned; September 11 saw minting activity resume on the XRPL with a total of $21.9 million $RLUSD minted and $387,000 $RLUSD burned. $0 $RLUSD was also minted on the Ethereum blockchain on September 10, with $15 million burned. On September 11, $528,000 $RLUSD was minted on Ethereum, while $4 million was burned. This suggested that the slowdown in activity was not just on XRPL but also on Ethereum.

According to the Ripple stablecoin tracker website, a total of $45.6 million $RLUSD was minted in the last seven days on the $XRP Ledger, and $22.8 million $RLUSD was burned on the blockchain.

The circulating supply of $RLUSD remains above $1 billion on the $XRP Ledger, currently at $1,053,014,745.

$RLUSD news

Ripple's $RLUSD has joined Sparks Stablecoin FX Layer on Uniswap V4, with $RLUSD/USDS processing more than $600 million in its first week.

Clearpool, Ripple's on-chain credit partner, is moving its core infrastructure from Ethereum to the $XRP Ledger. Together with Cicada Partners, the project is launching an institutional credit fund to finance fintech and payment companies, with settlements and payouts conducted exclusively in $RLUSD.

$RLUSD, launched in December 2024, is issued by Standard Custody & Trust Company, a Ripple subsidiary, under a limited-purpose trust company charter granted by the NYDFS.

According to Ripple, $RLUSD is taking a stricter regulatory path with a trust charter model, recurring independent attestation, segregated reserves, active NYDFS supervision, and a pending federal charter layer.