Ripple’s RLUSD Stablecoin Explodes Past Raydium Following $11M Mint - Supply Rockets to $741M

Ripple's RLUSD just pulled off a staggering market maneuver, catapulting past Raydium's liquidity pools after an $11 million mint operation sent shockwaves through the stablecoin ecosystem.

The Supply Surge

Witnessing a supply explosion that pushed total circulation to $741 million, RLUSD demonstrates how strategic minting can reshape market dynamics overnight. The move positions Ripple's stablecoin as an increasingly formidable player in the crowded digital dollar space.

Market Impact

This aggressive expansion bypasses traditional growth patterns, cutting through competitive barriers with surgical precision. The $11 million injection acts as rocket fuel for adoption, challenging established stablecoin hierarchies and forcing rivals to recalibrate their strategies.

Industry Implications

The surge reveals how quickly liquidity can shift in decentralized finance—where yesterday's minor player becomes today's market mover. Traditional finance veterans might dismiss this as another crypto spectacle, but the numbers don't lie: $741 million in supply commands attention, even from Wall Street skeptics who still think blockchain is just a fancy spreadsheet.