Ripple Adds 2 Million RLUSD on Ethereum in New Treasury Move

TLDR

• Ripple minted 2,000,000 RLUSD on the Ethereum network on April 9.
• The new supply carried an estimated value of about $2 million.
• The transaction used a gas fee of about 0.0000195 ETH.
• Ripple moved the minted tokens to wallet 0xFbcA8B5f…0Db600BB6.
• The transaction followed Ripple’s ongoing supply management across Ethereum and the XRP Ledger.

Ripple added 2,000,000 RLUSD to Ethereum on April 9, according to the Ripple Stablecoin Tracker. The mint was estimated to be worth $2 million. The transaction also used about 0.0000195 ETH in gas fees.

RLUSD Mint Expands Ethereum Supply

Tracker data showed Ripple created the tokens from a null address. It then sent the full amount to wallet 0xFbcA8B5f…0Db600BB6.

The transaction followed the standard token issuance flow on Ethereum. In this process, issuers mint assets and then move them to a destination wallet.

RLUSD kept its stated 1:1 value with the U.S. dollar during the mint. As a result, the new supply represented about $2 million.

The blockchain record placed the activity on Thursday, April 9. Ripple Stablecoin Tracker displayed the movement shortly after the transaction appeared.

The wallet transfer formed the second step of the issuance process. Ripple first created the supply and then moved it into circulation.

The gas fee stayed near 0.0000195 ETH for the Ethereum transaction. That cost covered the mint and transfer activity on-chain.

Ripple has used Ethereum and the XRP Ledger for RLUSD operations. This latest transaction added fresh supply only on Ethereum.

Ripple Continues Daily RLUSD Supply Management

Ripple has continued to remove and mint RLUSD across supported networks since launch. Its supply actions have appeared regularly on Ethereum and the XRP Ledger.

The company has kept that pattern in place for about a year. Tracker updates have shown both token burns and new mints during that period.

The fresh mint pointed to another treasury action by Ripple. The company used the transaction to place new RLUSD into a designated wallet.

Market participants have linked these moves to liquidity management. They have also tied them to routine treasury rebalancing across supported blockchains.

The transfer record showed no public statement attached to the mint. Still, the on-chain data confirmed the token creation and the destination address.

The update also matched Ripple’s practice of adjusting RLUSD supply in measured amounts. That pattern has continued through repeated blockchain entries.

Ripple has presented RLUSD as a stablecoin pegged to the U.S. dollar. The April 9 Ethereum transaction added 2,000,000 more RLUSD to that circulating supply.