Ripple Mints Another 10 Million RLUSD as Circulating Supply Hits 1.71 Billion

Ripple's stablecoin, RLUSD, has reached a circulating supply of approximately 1.711 billion tokens after the company minted an additional 10 million units on August 17th.

The transaction cost 0.000405 XRP and used two authorized signers for approval before settlement completion.

Ripple's issuance platform, Ripple Mint, allows approved institutional customers to issue, redeem, bridge, and monitor RLUSD through interfaces and APIs.

While the mint does not independently prove new institutional demand or market deployment, it does confirm that the tokens were issued by an authorized party.