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Elena R
Elena R
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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
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Sohrab Khawas
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Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Jun 19, 2025 07:08 UTC
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XRP News Today : Ripple Mints 10M RLUSD as Genius Act Ignites Stablecoin Boom
Ripple mints 10M RLUSD as stablecoin demand soars, backed by U.S. legislative momentum and $251B+ market cap surge in 2025.
The Genius Act and Treasury support boost optimism for RLUSD, positioning Ripple to challenge stablecoin giants like Tether and Circle.
Ripple has minted 10 million RLUSD amid rising demand for stablecoins, a move that comes just as the Genius Act gains traction in the U.S. Senate. Following the political support, the total stablecoin market capitalization reached $251.55 billion in June 2025, up 54% from the previous year, driven by institutional adoption and regulatory clarity.
This strong legislative push is sparking renewed interest in regulated digital finance, setting the stage for a stablecoin boom.
Recently, U.S. Treasury Secretary Scott Bessent said stablecoins could strengthen the U.S. dollar’s global dominance, noting that they could become one of the largest buyers of U.S. Treasurys. Ripple’s strategy to push for RLUSD at this stage could benefit the overly dominated market by Tether and Circle. Circle’s USDC is also approaching a $40 billion market cap, showing strong investor interest. Both companies are poised to benefit from the shift toward more stable and regulated digital assets.
Genius Act Sparks Optimism in Digital Finance
The Genius Act is being seen as a game-changer. Analysts believe it could reshape the financial system over the next 6 to 24 months. With clear regulatory paths being proposed, market sentiment around stablecoins like RLUSD, USDC, and others is growing. Legal expert John Deaton said this could significantly boost demand, with Ripple CEO Brad Garlinghouse suggesting stablecoin market caps could 5–10x in the next five years. Moreover, the minting of RLUSD is seen as a strategic move by Ripple to strengthen its position in regulatory discussions.
XRP Holders See Strong Profits
Ripple’s broader ecosystem is gaining strength, too. Nearly 79% of XRP holders are now in profit, according to Glassnode. This rise in profitability reflects growing confidence in Ripple’s network, especially as RLUSD adoption grows. Increased wallet activity and more active addresses suggest users are becoming more engaged with XRP Ledger-based tools and services.
Crypto IPOs Could Be Next
As the stablecoin space heats up, companies like Ripple, Gemini, and Kraken are reportedly preparing for public listings. Rising valuations and regulatory clarity are fueling optimism. This shift could attract both institutional and retail investors looking for exposure to regulated crypto firms.
Ripple’s latest mint of RLUSD signals a strategic move. The timing aligns with U.S. legislative progress and points to Ripple preparing for greater utility and demand. With more clarity from lawmakers and rising interest from investors, the company is positioning itself for long-term growth in the stablecoin space.
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