Ripple’s stablecoin ecosystem took a major step forward on July 2, 2025, when it minted 14 million RLUSD tokens at its treasury. The transfer of 14 million RLUSD to a new wallet suggests strong liquidity demand and points to a broader push to expand stablecoin use cases globally.
Ripple Expands RLUSD Utility with New Minting
Based on the X post by the Ripple Stablecoin tracker, this new issuance was confirmed on Ethereum and shared via Etherscan, highlighting a focus on transparency and trust. RLUSD is a dollar-backed stablecoin designed to maintain a 1:1 value with the US dollar.
It allows businesses and individuals to move money across borders without worrying about volatility. This new minting aligns with Ripple’s mission to provide better liquidity, faster payments, and improved financial access worldwide.
At the same time, Ripple announced via a blog post a strategic partnership with OpenPayd, a major financial infrastructure provider. This partnership combines blockchain-powered payment solutions with OpenPayd’s fiat network, including real-time payment rails, multi-currency accounts, and virtual IBANs.
OpenPayd will now offer direct minting and burning of RLUSD. Businesses can convert between fiat and RLUSD seamlessly using OpenPayd’s single API, simplifying treasury and operational flows.
The OpenPayd Partnership Will Enable RLUSD to Compete with USDT and USDC
This collaboration unlocks new possibilities for RLUSD in cross-border payments, global treasury management, and fast access to US dollar liquidity. As demand for stablecoins rises, enterprises need compliant and reliable infrastructure to manage money worldwide.
By working together, Ripple and OpenPayd are creating a unified system that connects traditional finance with blockchain, offering faster, cheaper, and more transparent money movement.
Ripple’s payments network already covers over 90 payout markets and processes more than $70 billion in volume. The latest RLUSD mint, combined with OpenPayd’s infrastructure, positions the ecosystem to better serve banks, crypto companies, and FinTech firms.
It supports near-instant settlement, simplifies global cash flows, and helps companies future-proof their payment strategies. The 14 million RLUSD minting event is more than just an increase in supply.
It indicates a serious move into the competitive stablecoin market, where Ripple aims to challenge dominant players like Tether and Circle. By blending solid fiat infrastructure with blockchain innovation, Ripple and OpenPayd are setting a new standard for enterprise payments.
Earlier, Ripple unlocked 500 million XRP tokens from escrow and relocked 400 million tokens to rebalance its holdings.
Paul
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others.
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Source: https://coingape.com/ripple-mints-14-million-rlusd-amid-openpayd-partnership/