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Highlights
- Ripple resumes minting 12M RLUSD tokens, signaling confidence ahead of the GENIUS Act vote on June 17.
- RLUSD's market cap hits $425.54M with a 2.85% rise as Ripple resumes minting after a two-month pause.
- Ripple's strategic minting and burns reflect a careful approach to managing RLUSD supply amidst regulatory shifts.
Ahead of the GENIUS Act bill vote on June 17, Ripple has resumed the minting of its RLUSD stablecoin. The company issued 12 million RLUSD tokens, following a break since April 2025.
RLUSD Minting Resumes After Pause
Ripple had earlier suspended the minting of RLUSD tokens following the issuance of two tranches of approximately 23 million tokens on April 25. The pause in minting was seen as an action to stabilize the amount of the token that was in circulation, and retain its value in the market place. According to report from CoinMarketCap, RLUSD’s circulating supply is around 425.74 million tokens .
As of June 13, RLUSD’s market capitalization stands at $425.54 million, reflecting a 2.85% increase. Concurrently, tts 24-hour trading volume is $147.18 million, showing a 6.45% rise
The decision to resume minting comes ahead of key regulatory developments in the stablecoin space. With the GENIUS Act set for a vote in the U.S. Senate, Ripple’s actions could be a signal of its confidence in the future of the stablecoin market.
Ripple Strategy to Maintain Stability
Ripple has been actively engaging measures to control the RLUSD supply, such as token burn. In May 2025, Ripple burned 4 million RLUSD tokens, making them no longer available in circulation.
This is coupled with the move to halt minting, which demonstrates that Ripple aims to create a balance between supply and demand in the market.
The firm has equally been keen on incorporating RLUSD into different platforms. The stablecoin was listed on several exchanges and financial platforms in the past months, such as Bitget, Gemini, or Revolut. Moreover, the resumption of RLUSD’s minting activity may also signal Ripple’s confidence in the potential growth of the stablecoin market as predicted by Brad Garlinghouse.
GENIUS Act Vote and Stablecoin Regulation
The future of stablecoin regulation in the United States will be determined in the GENIUS Act, planned to be voted on in the U.S. Senate on June 17. Should it pass, the bill gets sent to the U.S house of representatives and with time, the bill might just gafil passed into law. The bill is dedicated to establishing regulatory frameworks of stablecoins, such as RLUSD and other digital assets.
The restart of the minting of RLUSD tokens by Ripple could not have arrived at a better time in the history of stablecoins. The passing of the GENIUS Act could further clarify things in companies such as Ripple that actively participate in the stablecoin market.
Consequently, the prospect of regulatory approval of RLUSD in major financial centres like Dubai in early June, may also open the door to wider use of the token in international markets.
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