RLUSD Supply Shifts From XRPL to Ethereum: What Happened?
TL;DR:
- The Ethereum network reached $989.34 million in issued RLUSD tokens, surpassing the $941.36 million recorded on XRP Ledger on August 21, 2026.
- During August 20, 2026, 73.8 million RLUSD were minted on Ethereum and 23.5 million were burned, compared to 36.1 million minted on XRPL.
- The total circulating supply of Ripple USD reached an all-time high of $1.939 billion at the close of the analyzed session.
The Ethereum network surpassed XRP Ledger in circulating volume following an acceleration in RLUSD supply minting, as confirmed by records from the stablecoin tracking platform this Friday.
10,000,000 $RLUSD burned at RLUSD Treasury.https://t.co/7ZgIVCGFXE
- Ripple Stablecoin Tracker (@RL_Tracker) August 21, 2026
On-chain data and Ripple’s official monitor indicate that Ethereum hosts $989.34 million in RLUSD, compared to the $941.36 million remaining on the XRPL ledger.
This shift in liquidity balance responds to an operational redistribution executed over the past 48 hours. During Friday’s session, Ripple’s treasury minted 73.8 million RLUSD on the Ethereum network and removed 23.5 million from circulation through burning contracts. On that same date, XRP Ledger recorded the minting of 36.1 million tokens and the burning of 15.4 million.
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