{"id":36834,"date":"2026-08-10T09:33:27","date_gmt":"2026-08-10T09:33:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ripple-mints-10m-rlusd-as-xrp-whales-add-380m\/"},"modified":"2026-08-10T09:33:49","modified_gmt":"2026-08-10T09:33:49","slug":"ripple-mints-10m-rlusd-as-xrp-whales-add-380m","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ripple-mints-10m-rlusd-as-xrp-whales-add-380m\/","title":{"rendered":"Ripple mints $10M RLUSD as XRP whales add 380M"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ripple minted 10 million Ripple USD on the XRP Ledger on Aug. 10, adding another large issuance transaction to its regulated stablecoin network.\u00a0<\/p>\n<div id=\"cn-block-summary-block_efc2f85814242bba3cb80c364d4049ad\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ripple minted 10 million RLUSD on XRPL, according to the transaction recorded by XRPScan Monday.<\/li>\n<li>RWA.xyz shows RLUSD market capitalization near $1.53 billion, below Ripple\u2019s reported $1.7 billion June level.<\/li>\n<li>Santiment data shared by Ali Martinez showed whales accumulated more than 380 million XRP weekly.<\/li>\n<li>XRP traded near $1.03 Monday, remaining close to the psychologically important $1 level despite accumulation.<\/li>\n<li>New York regulators list RLUSD among stablecoins approved for issuance by regulated virtual currency entities.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The onchain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/xrpscan.com\/tx\/3B6C55A8029629B030BCFB6A2F7CCA610131873D660C39A73923DB99BF9ADA13\" target=\"_blank\" rel=\"nofollow\">transaction<\/a> was recorded by XRPScan and tracked publicly shortly after execution.<\/p>\n<p>The mint arrived as separate Santiment data shared by analyst Ali Martinez showed large XRP holders adding more than 380 million tokens during the previous week. The two developments occurred around the same period, but there is no evidence that the RLUSD issuance caused the whale accumulation or that the whales were responding to Ripple\u2019s mint.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>RLUSD mint does not automatically mean $10M entered markets<\/strong><\/h2>\n<p>Ripple\u2019s 10 million RLUSD transaction increases the amount of stablecoins issued on XRPL, but the transaction alone does not establish that $10 million immediately entered circulation, was deployed into XRP, or represented fresh market buying. Ripple\u2019s institutional platform allows approved customers to mint, redeem and manage RLUSD, meaning issuance can form part of treasury and settlement operations.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcb5\ud83d\udcb5\ud83d\udcb5\ud83d\udcb5\ud83d\udcb5\ud83d\udcb5\ud83d\udcb5 10,000,000 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24RLUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$RLUSD<\/a> minted at RLUSD Treasury.<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/0CFyfpGVFe\">https:\/\/t.co\/0CFyfpGVFe<\/a><\/p>\n<p>\u2014 Ripple Stablecoin Tracker (@RL_Tracker) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/RL_Tracker\/status\/2086645166182449280?ref_src=twsrc%5Etfw\">August 10, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>That distinction matters because describing the transaction as a $10 million \u201ccapital injection\u201d into XRP would go beyond what the blockchain record proves. Ripple has not publicly identified a customer behind this specific issuance or disclosed its intended use. As crypto.news reported in recent platform launch coverage, Ripple Mint was introduced in July to give institutional customers direct tools for repeated RLUSD issuance, redemption and cross network management.<\/p>\n<p>RLUSD\u2019s wider supply remains below levels recorded earlier this summer. RWA.xyz <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.rwa.xyz\/assets\/RLUSD\" target=\"_blank\" rel=\"nofollow\">data<\/a> showed a market capitalization of about $1.53 billion on Aug. 10. Ripple had said in June that the stablecoin had reached $1.7 billion, while crypto.news later reported a retreat toward $1.52 billion after a series of token burns.<\/p>\n<p>In earlier supply contraction coverage, RLUSD had fallen roughly 20% from a late May peak near $1.9 billion after Ripple removed tokens from circulation. Monday\u2019s mint therefore comes against a backdrop of active issuance and redemption rather than uninterrupted supply growth.<\/p>\n<h2 class=\"wp-block-heading\"><strong>XRP whales reportedly accumulated 380M tokens<\/strong><\/h2>\n<p>Separately, Martinez shared Santiment data showing that a large holder cohort accumulated more than 380 million XRP over seven days. The increase came while XRP repeatedly traded close to the $1 psychological level. The reported accumulation lifted attention toward whether larger holders were rebuilding positions after months of weak price performance.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">3\/5 Whales appear to be positioning for that possibility.<\/p>\n<p>Over the past week, large holders have accumulated more than 380 million XRP, an encouraging sign of conviction at current levels. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/SRtgOiI2gh\">pic.twitter.com\/SRtgOiI2gh<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/alicharts\/status\/2086352851177976238?ref_src=twsrc%5Etfw\">August 9, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>However, describing those wallets as actively \u201cdefending\u201d $1 remains an interpretation rather than an onchain fact. The data show a change in balances attributed to large holders; they do not establish the holders\u2019 motivation or prove coordinated support for a particular price. Martinez described the activity as an \u201cencouraging sign of conviction,\u201d but that remains his assessment.<\/p>\n<p>The latest increase is considerably larger than the 70 million XRP accumulated by whales during one July week. As crypto.news reported in previous large holder coverage, those purchases coincided with declining XRP balances on Binance and a rebound above $1.11 at the time.<\/p>\n<h2 class=\"wp-block-heading\"><strong>XRP price has yet to confirm a breakout<\/strong><\/h2>\n<p>Despite the reported whale buying, XRP had not produced a strong immediate breakout by Aug. 10. Current market data placed the token around $1.03, down roughly 0.4% over 24 hours and 2.8% over seven days. Its intraday range was approximately $1.03 to $1.05.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Ripple (XRP) price chart, source: crypto.news<\/figcaption><\/figure>\n<p>That performance means the whale accumulation and RLUSD mint should not be presented as confirmed bullish catalysts for XRP. Ripple and XRP are connected through the XRP Ledger ecosystem, but RLUSD issuance does not mechanically require equivalent XRP purchases. The stablecoin can be minted and transferred independently while using XRPL infrastructure.<\/p>\n<p>The latest activity also comes as Ripple continues expanding RLUSD\u2019s institutional role. The company says the stablecoin is fully backed by segregated cash and cash equivalent reserves and redeemable one for one for U.S. dollars. New York\u2019s Department of Financial Services continues to list RLUSD among stablecoins approved for issuance by regulated virtual currency entities.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What happens next for RLUSD and XRP<\/strong><\/h2>\n<p>The next point to watch is whether the newly issued RLUSD moves from treasury accounts into wider circulation and whether aggregate supply rises materially from its current level. Ripple has not announced a schedule for future minting, and individual issuance transactions can be followed by transfers, redemptions or burns depending on institutional demand.<\/p>\n<p>For XRP, the more immediate test remains the $1 area and whether the reported whale accumulation translates into sustained spot demand. The token remained below levels seen during July even as institutional infrastructure around Ripple continued expanding. In related market analysis, the disconnect between Ripple\u2019s business expansion and XRP\u2019s weaker price performance has persisted throughout 2026.<\/p>\n<p>The confirmed developments are therefore narrower than some bullish interpretations suggest: Ripple minted 10 million RLUSD on XRPL, RLUSD remains a roughly $1.5 billion stablecoin, and Santiment data shared by Martinez show a sharp rise in holdings among large XRP wallets. Whether those trends ultimately translate into stronger XRP prices remains unproven.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple minted 10 million Ripple USD on the XRP Ledger on Aug. 10, adding another large issuance transaction to its regulated stablecoin network.\u00a0 Summary Ripple minted 10 million RLUSD on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":35295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-36834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/36834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=36834"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/36834\/revisions"}],"predecessor-version":[{"id":36835,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/36834\/revisions\/36835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/35295"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=36834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=36834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=36834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}