Ripple Mints $200M RLUSD on XRPL, Burns $100M on Ethereum

Table of Contents Ripple minted $200 million worth of RLUSD on the XRP Ledger on May 20. The transaction marked the largest single RLUSD mint on the network to date. On the same day, Ripple burned $100 million of RLUSD on Ethereum, shifting supply between chains. Ripple executed the $200 million mint at 12:42 PM UTC on May 20. On-chain data confirmed it as the largest RLUSD issuance on XRPL. The previous record stood at $92.3 million from April 1. The latest mint more than doubled that earlier figure. 💵💵💵💵💵💵💵💵 200,000,000 #RLUSD minted at RLUSD Treasury.https://t.co/uOtWEhnlO8 — Ripple Stablecoin Tracker (@RL_Tracker) May 20, 2026 Ripple followed the major transaction with several smaller mints. These included $30 million, $5 million, and $1.9 million later that day. In total, Ripple minted $245 million worth of RLUSD on XRPL on May 20. It also burned $57.9 million on the same network. The net supply increase on XRPL reached $187.3 million for the day. This marked the highest intraday expansion recorded on the ledger. RLUSD supply on XRPL has now climbed to $690 million. Two months earlier, the figure stood near $300 million. Ripple burned $100 million worth of RLUSD on Ethereum at 8:01 PM UTC. This became the largest single burn recorded for the token on Ethereum. The previous burn record reached $99.9 million on April 1. The latest transaction slightly exceeded that level. Earlier that day, Ripple minted smaller amounts on Ethereum. These included transactions of $1.99 million, $1 million, and $10.28 million. Total Ethereum mints reached $16.4 million for May 20. However, total burns reached $107.2 million for the same period. The net outflow on Ethereum stood at $90.8 million. This reduced RLUSD supply on Ethereum to $1.06 billion. Recent data shows fluctuating supply changes on Ethereum. These include drops of $89.3 million and $50.7 million in April. Combined across both blockchains, RLUSD supply reached $1.75 billion. Weekly supply increased by $190 million, driven mainly by XRPL activity. Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.