Ripple Just Minted Millions-Is Ethereum Ready?

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Ah, the mighty Ripple Treasury has once again opened its mysterious vaults, releasing a staggering 9.9 million RLUSD tokens into the chaotic streets of Ethereum. One could almost imagine the tokens dancing gleefully through the blockchain alleys, while the network sighs in weary anticipation.

Ripple conjures 9.9 million RLUSD

The ever-watchful Ripple Stablecoin Tracker, perched like a raven on X, cawed about the latest token conjuration: 9,900,000 shiny new RLUSD minted, as if by some financial sorcery.

Of course, minting is not some random act of generosity-it appears only when exchanges, institutions, or even the curious retail folk clamor for more. The Ripple Treasury smart contract, ever obedient, dutifully conjures these tokens from the void, like a meticulous magician who never reveals his tricks.

Now these gleaming RLUSD tokens are free to frolic across Ethereum, fully backed by cold, hard USD, or at least its cash-equivalent doppelgangers, safely tucked away in custody accounts that are as regulated as a Russian tea ceremony is precise.

💵💵💵💵💵💵 9,900,000 #RLUSD minted at RLUSD Treasury.

– Ripple Stablecoin Tracker (@RL_Tracker) April 8, 2026

But beware! This minting frenzy follows a recent sacrificial ritual of token burning, where millions of RLUSD were sent to digital oblivion. One can almost picture tiny coin-shaped flames licking the edges of the blockchain as 180 million tokens vanished in mere hours. A spectacle, truly!

Ripple plays this mint-and-burn game with the glee of a puppeteer, balancing supply between XRP Ledger and Ethereum chains with the flair of a man who must always be one step ahead of chaos.

More RLUSD expansion

While Ripple carefully moderates its token supply, RLUSD cunningly strengthens its position as the bridge between humdrum fiat and the dazzling crypto bazaar.

Bitrue exchange, ever the adventurous alchemist, recently paired RLUSD with PAXG and XAUT-tokens representing tokenized gold, as if whispering, “Behold, wealth that sparkles and jingles digitally.”

Meanwhile, Deloitte proudly proclaimed Ripple’s reserves at $1.56 billion, just enough to make the market blush at its $1.49 billion token supply. Such modesty!

Not to be outdone, Binance decided RLUSD should dance on the XRPL stage too, letting users transact directly via the ledger. The stablecoin, birthed on Dec. 17, 2024, marches boldly into the hearts of crypto enthusiasts, a humble hero of cross-border payments and liquidity in Ripple’s ever-expanding empire.

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2026-04-08 19:31