Ripple Mints Additional 19.6 Million RLUSD Amid Market Downturn
Ripple's treasury has issued another 19.6 million RLUSD on Ethereum, coinciding with significant institutional developments.
Ripple's treasury has issued another 19.6 million RLUSD on Ethereum, coinciding with significant institutional developments. Ethereum (ETH) is trading at $2,428.06. This is an original Token Times brief synthesising 2 outlets (U.Today, Decrypt), plus live market data, as of Wed, 14 Oct 2026 20:00:01 UTC.
The continued RLUSD minting highlights Ripple's ongoing commitment to expanding its stablecoin ecosystem, even as broader market conditions remain uncertain. This move could strengthen Ripple's position in institutional crypto adoption, especially given recent custody advancements.
- Ripple minted 19.6 million RLUSD on Ethereum, increasing its stablecoin presence.
- RLUSD circulating supply now stands at $2.42B, according to DeFiLlama.
- The minting coincides with institutional custody breakthroughs for Ripple.
Both U.Today and Decrypt report Ripple's recent minting of 19.6 million RLUSD on Ethereum, with U.Today highlighting the timing's overlap with institutional custody advancements. However, Decrypt focuses on broader Ripple ecosystem news, including the potential sale of its AI chatbot app. While both outlets confirm the minting figure, they emphasize different aspects of Ripple's current developments.
- Ripple Mints Additional 19.6 Million RLUSD Amid Market Downturn — this brief
- Ripple's $10M RLUSD Donation Could Spur $900M in Economic Growth
- DriveWealth Partners with Ripple to Launch RLUSD for Global Brokerage Settlement
Ripple has issued an additional 19.6 million RLUSD on the 
Ethereum blockchain, according to U.Today. This move comes amid heightened treasury activity and coincides with significant institutional custody breakthroughs for Ripple, suggesting a strategic push to expand its stablecoin ecosystem.
The latest minting brings the total circulating supply of RLUSD to $2.42 billion, as verified by DeFiLlama. This figure underscores Ripple's growing influence in the stablecoin market, particularly as other major stablecoins face regulatory scrutiny.
Decrypt adds that Ripple's AI chatbot app, previously valued at $1 billion, is currently up for sale in a Delaware court. This development, occurring just two weeks after the launch of new models, indicates potential shifts in Ripple's strategic focus beyond its core payment and blockchain solutions.
The broader crypto market remains in a downturn, with the total market cap at $2.81 trillion and 
Bitcoin experiencing a 24-hour decline of 1.89%. Ethereum, the platform on which RLUSD is minted, is also down 3.36% over the same period. Despite this, RLUSD has remained relatively stable, with only a minor 0.02% decrease in the past 24 hours.
The timing of Ripple's RLUSD minting, alongside institutional custody advancements, suggests a strategic effort to bolster its stablecoin offerings. Investors and market observers should monitor how these developments impact Ripple's market positioning and the broader adoption of RLUSD in institutional settings.
Since this brief published about 29 hours ago, Ethereum (ETH) has moved from $2,428.05 to $2,428.06 — +0.00%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹253,720.13 (about $2,428.06), down 3.1% over 24 hours. The rupee itself trades about 9.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 14, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple Mints Additional 19.6 Million RLUSD Amid Market Downt — questions & answers
What is the current circulating supply of RLUSD?
The circulating supply of RLUSD is $2.42 billion, according to DeFiLlama.
Why is Ripple minting more RLUSD now?
The minting coincides with institutional custody breakthroughs, suggesting a strategic expansion of Ripple's stablecoin ecosystem.
How has RLUSD's price performed recently?
RLUSD has remained stable, with only a 0.02% decrease in the past 24 hours.
How much is 1 Ethereum worth in rupee today?
About ₹253,720.13 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,428.06. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today, Decrypt, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.