News View Non-AMP

XRP News Today : Ripple Mints 10M RLUSD as Genius Act Ignites Stablecoin Boom

Published by
Elena R and Sohrab Khawas

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.

Elena R and Sohrab Khawas

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.

Recent Posts

Shiba Inu Price Forecast: Can SHIB 100x by 2025 or Will Ozak AI Get There First?

The race for the next big 100x crypto opportunity is heating up. On one side…

July 10, 2025

James Wynn Goes All-In With 40x Bitcoin Short, Is a Big Dump Coming

Just after Bitcoin hit a new all-time high of $112,000, a bold move caught everyone’s…

July 10, 2025

Cardano Price Surges 10%: Is $1 Within Reach?

The Cardano price (ADA) has recently displayed renewed strength, surging nearly 10% in the past…

July 10, 2025

Viral ETH Meme Coin Under $0.0015 Predicted to Hit $0.60 if Ethereum Reaches $7,000 in 2025

Little Pepe ($LILPEPE) is a meme coin on an Ethereum-compatible Layer 2 blockchain that is…

July 10, 2025

Top Coins To Buy And HODL As Nvidia Briefly Surpasses $4T Market Cap

Nvidia briefly surpassed a $4 trillion market cap, spotlighting the booming AI-GPU narrative that’s rippling…

July 10, 2025

Which Crypto To Buy For Longterm As Elon Musk Says ‘America Party’ Will Back Bitcoin (BTC)

Elon Musk’s bold endorsement of Bitcoin through his newly formed America Party is igniting fresh…

July 10, 2025