TL;DR:
- Ripple minted 900,000 RLUSD tokens on August 20, 2026, on the XRP Ledger, adding to previous issuances of over 74 million units in the past 24 hours.
- The issuer executed parallel burns totaling 35.4 million RLUSD between the official treasury and the Ethereum network during the same session.
- The price of XRP recorded an 18.8% increase in 24 hours, reaching an intraday high of $1.24.
Amid high operational volatility, Ripple mints fresh RLUSD. This action coincides with XRP’s surge, reaching $1.24 during Thursday’s trading session.
Another 900,000 RLUSD just minted on the XRPL.
RLUSD supply keeps moving 👀 https://t.co/RWtRWsLJ9b pic.twitter.com/vndk95hKeE— 𝗕𝗮𝗻𝗸XRP (@BankXRP) August 20, 2026
The technology company confirmed that 900,000 units of its USD-pegged stablecoin were generated. On-chain data from XRPScan confirms that this transaction was processed directly on the XRP Ledger during the early hours of the session.
This specific transaction was part of a sequence of larger transfers recorded by treasury monitoring systems.
Records from the Ripple Stablecoin Tracker reported an issuance of 20 million RLUSD three hours prior to the smaller transaction. This move was preceded by two additional issuances of 10 million units each, executed approximately 11 hours earlier, alongside blocks of 12 and 32 million minted over the course of the previous 24 hours.
Supply Dynamics and Technical Market Behavior
Simultaneously with the creation of new circulating supply, the company executed token withdrawal and burn operations. Tracking data reported the burning of 15.4 million RLUSD in the treasury and another 20 million units on the Ethereum network.
The balance between mints and burns indicates active liquidity rotation rather than a unidirectional supply expansion. According to market reports, these movements correspond to operational balance sheet and settlement management linked to the asset’s multi-network infrastructure.
In the secondary market, the XRP token experienced a bullish acceleration alongside the stablecoin’s movements.
At the time of writing, the price of XRP hovered around $1.25, representing an 18.8% increase over the last 24 hours. The price advanced from a daily low of $1.03 to reach a peak of $1.24, representing a recovery of nearly 20% from the session’s floor.
In terms of cumulative performance, market data places XRP’s 7-day gain at 21.2%. The cumulative return across a 30-day timeframe stood at 16.5%.
Industry analysts note that the resurgence of capital flows into the Ripple ecosystem reflects a combination of institutional volume and operational liquidity adjustments. However, the sustainability of these levels will depend on supply absorption across trading platforms and transactional volume during upcoming corporate settlement periods.
The next formal step for the protocol will be the release of periodic audited reserve reports for RLUSD at the monthly close, which will detail the financial backing behind the recently minted batches.
