$275 Million Added to RLUSD as XRP Ledger Network Activity Rises

Ripple USD stablecoin (RLUSD) has seen a significant increase in activity over the last seven days, especially on the XRP Ledger. Hussein Zangana, XRP Ledger Foundation Director of Community, who goes by the name Vet on X, shares this information in a recent tweet.

According to Vet, who is also an XRP Ledger dual validator, there were "lots of minting and redeeming of RLUSD on XRP."

Lots of minting and redeeming of $RLUSD on XRP this week.

Net inflow liquidity of +$275M. Binance also handled some RLUSD - ICYMI they also service RLUSD on XRP.

Good chances we see next week Gemini with end of month mint/redemptions. pic.twitter.com/zYOIhO3ZgT

— Vet (@Vet_X0) May 24, 2026

The past week saw a significant number of mint and burn transactions, some of which were reported by the Ripple Stablecoin tracker X account.

On May 22, 10,095,600 RLUSD was minted at RLUSD Treasury. On May 21, 15,000,000 RLUSD tokens were burned while 10,036,746 RLUSD were minted. On May 20, 20,000,000 RLUSD were burned at RLUSD Treasury. In other transactions, 230,000,000 RLUSD were minted on the XRP Ledger while 10,000,000 RLUSD were burned at RLUSD Treasury.

According to a screenshot shared by Vet, $354.4 million RLUSD was minted in the last seven days, while the total burned equated to $78.7 million in this time frame. This yields a net liquidity inflow of over $275 million.

Binance activity leads to inflow surge

Vet noted that major crypto exchange Binance handled RLUSD transactions during the period. "Binance also handled some RLUSD — ICYMI they also service RLUSD on XRP," stated.