- Ripple minted 39.4 million RLUSD while stablecoin circulation continued expanding rapidly.
- XRPL validators faced mounting upgrade pressure before critical amendment activation deadline.
- Rising RLUSD supply reflected growing liquidity demand across Ripple payment infrastructure.
Ripple expanded RLUSD supply aggressively over the past 24 hours as nearly 40 million stablecoins entered circulation across the XRP Ledger ecosystem, signaling growing activity within Ripple’s payment infrastructure while broader crypto markets continued experiencing heightened volatility and increased liquidity movement across major blockchain networks.
According to the Ripple USD tracker website, Ripple minted $33.4 million RLUSD on May 18, while another $6 million RLUSD entered circulation on May 19, bringing the total amount minted within a single 24-hour period to approximately $39.4 million across multiple transactions linked to the XRP Ledger. The Ripple Stablecoin Tracker account on X also highlighted two major mint transactions processed within hours of each other, with Ripple minting $16 million RLUSD in one transfer before executing another separate transaction worth $15 million RLUSD shortly afterward on the XRP Ledger network.
Meanwhile, blockchain activity showed that Ripple processed no RLUSD burn transactions during the same period, marking a significant contrast from earlier this month when the company removed tens of millions of RLUSD from circulation through multiple treasury-linked burn events across both Ethereum and XRP Ledger infrastructure.
Current XRP Ledger data showed RLUSD supply climbing beyond $442 million on the network, while the total RLUSD circulating supply across all supported blockchain ecosystems rose above $1.61 billion as Ripple continued increasing stablecoin availability for liquidity and settlement-related operations.
XRPL Upgrade Activity Accelerates Alongside RLUSD Expansion
Ripple’s growing stablecoin activity arrived during an important period for XRP Ledger validators as network participants prepared for the activation of the fix amendment included within XRPL version 3.1.3, which Ripple developers scheduled to go live within roughly eight days.
Ripple Head of Engineering J.A. Akinyele recently issued a public notice directed toward XRP Ledger validators, warning node operators to complete the required software upgrade before the amendment activates in order to avoid potential amendment blocking across the network.
According to Akinyele, only 44% of XRP Ledger validators upgraded to version 3.1.3 despite the approaching activation deadline, increasing pressure on remaining node operators to update their systems before communication issues affect outdated validators connected to the broader XRPL ecosystem.
Validator Risks Increase Ahead of XRPL Amendment Activation
Validators running older software versions may become unable to communicate with upgraded nodes once the amendment activates, creating operational risks for network participants that fail to complete the transition before the scheduled activation period officially begins.
According to Akinyele, node operators still running outdated XRPL software could face amendment blocking once the network upgrade becomes active, potentially disconnecting those validators from normal communication across the broader XRP Ledger ecosystem.
The warning arrived as Ripple continued encouraging validators to complete upgrades to XRPL version 3.1.3 before the activation deadline expires within the coming days, especially as less than half of the network has reportedly upgraded to the latest release.
RLUSD Supply Expansion Signals Rising Network Activity
At the same time, RLUSD mint activity continued strengthening Ripple’s stablecoin infrastructure as rising supply levels often reflect increasing liquidity demand, larger settlement requirements, and expanding blockchain transaction activity linked to institutional payment operations across Ripple’s ecosystem. Earlier this month, Ripple processed major RLUSD burn transactions exceeding 32 million tokens within several hours, yet the latest mint trend suggested the company shifted toward supply expansion again as stablecoin utilization across the XRP Ledger ecosystem continued increasing.
Current blockchain data also showed RLUSD circulating supply surpassing $1.61 billion across supported networks, reinforcing Ripple’s broader effort to expand stablecoin usage within payment settlement systems and blockchain-based financial operations. Ripple’s latest 39.4 million RLUSD mint represented one of the company’s largest recent stablecoin expansions, while the simultaneous validator upgrade push highlighted the growing importance of XRP Ledger infrastructure as Ripple continued scaling its blockchain payment and settlement ecosystem.
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