Key Takeaways:
- Ripple minted 14M RLUSD tokens on Ethereum, signaling rising stablecoin liquidity demand.
- Partnership with OpenPayd enables direct minting/burning of RLUSD and seamless fiat integration.
- Ripple positions RLUSD to challenge USDT and USDC by offering fast, compliant cross-border solutions.
Ripple’s stablecoin push advanced significantly on July 2, 2025, as 14 million RLUSD tokens were minted at its treasury and transferred to a new wallet. The move signals increased liquidity demand and highlights Ripple’s growing ambitions in the global stablecoin market.
RLUSD Minting Validated on Ethereum for Transparency
According to a post from Ripple’s Stablecoin Tracker on X, the issuance was confirmed on Ethereum and verified via Etherscan. RLUSD is Ripple’s U.S. dollar-backed stablecoin, designed to maintain a 1:1 peg with the USD.
💵💵💵💵💵💵💵 14,000,000 #RLUSD minted at RLUSD Treasury.https://t.co/qPEePmOjuY
— Ripple Stablecoin Tracker (@RL_Tracker) July 2, 2025
This mint aligns with Ripple’s mission to create faster, more accessible, and volatility-resistant financial systems. By utilizing Ethereum for minting, Ripple reinforces its commitment to transparent and auditable stablecoin operations—a key factor in building trust among enterprises and regulators.
Ripple and OpenPayd Partner to Streamline RLUSD Access
Alongside the minting, Ripple announced a strategic partnership with financial infrastructure platform OpenPayd. This collaboration allows businesses to mint and burn RLUSD directly through OpenPayd’s unified API, offering seamless fiat-to-stablecoin conversion.
OpenPayd’s infrastructure includes real-time payment rails, virtual IBANs, and multi-currency accounts. The integration helps simplify treasury operations and cross-border flows—two areas where stablecoins are increasingly vital for companies seeking fast access to USD liquidity.
RLUSD Positioned to Rival USDT and USDC in Cross-Border Finance
With stablecoin adoption rising among banks and FinTechs, RLUSD’s expanded utility positions it as a serious contender against market leaders like Tether’s USDT and Circle’s USDC. Ripple’s global network already covers over 90 payout corridors and processes over $70 billion in annual volume.
Also Read: Ripple Mints 12M RLUSD as Stablecoin Market Hits $252B and Shifts Toward Profitability
Combined with OpenPayd’s regulated fiat infrastructure, RLUSD offers near-instant settlement and improved transparency, making it attractive for enterprises looking to future-proof their payment strategies.
Ripple’s minting of 14 million RLUSD tokens and its new partnership with OpenPayd marks a bold step toward establishing RLUSD as a trusted enterprise-grade stablecoin. This move enhances Ripple’s liquidity services, strengthens its payment network, and positions RLUSD to meet growing demand in global finance.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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