Ripple Resumes RLUSD Minting Ahead of Senate Vote

Ripple Reignites Stablecoin Momentum with RLUSD Minting

12M new RLUSD tokens are now in circulation after Ripple restarted its minting system. This comes after a deliberate pause since April in an effort to balance supply and demand. Just days before the US Senate votes on the GENIUS Act on June 17, 2025 are catching the eyes of investors. Stablecoins like RLUSD, which run on the Ethereum and XRP Ledger, may benefit from regulatory clarity brought about by this legislation. The RLUSD trading volume increased by 30% to $179 million at the time of the minting, indicating increased market interest. As of now, RLUSD has a total supply of more than 400 million tokens. 

Source Coinmarketcap

The timing is what grabbed everyone's attention.

The GENIUS Act, set to be voted on in the US Senate on June 17, aims to establish regulatory frameworks for stablecoins like RLUSD and other digital assets. If passed, it could potentially clarify issues for companies involved in the stablecoin market. As the U.S. Senate prepares to vote on the GENIUS Act, a significant bill that could influence stablecoins' future. Ripple's restart of  token minting is a significant moment in stablecoin history. This action may be interpreted as a sign of confidence that they think the law will succeed and that the stablecoin market will eventually receive the legal clarification it has been longing for. Ripple is getting ready for another revolutionary shift in U.S. cryptocurrency regulation that could occur if the GENIUS Act is passed into law.

A strategic move by Ripple for stablecoin growth

Token burn is one of the active techniques that Company has been using to manage the quantity of RLUSD. Four million coins were destroyed by Ripple in May 2025, ending their availability for use. Together with the decision to stop minting, this indicates that Ripple wants to balance supply and demand in the market.The company has also been eager to integrate RLUSD into other platforms. In recent months, the stablecoin was listed on a number of exchanges and financial platforms, including Bitget, Gemini, and Revolut. Furthermore, the restart of minting activities can also indicate company's faith in the stablecoin market's prospective expansion, as Brad Garlinghouse had predicted.

The GENIUS Act, if approved, What Next?

The GENIUS Act, if approved, aims to establish regulatory frameworks for stable coins and provide clarity to companies like Ripple in the market. If passed, the bill would make stablecoins more mainstream and encourage more companies to venture into the market. Crypto analyst Nic Puckrin believes the bill will create a clear pathway for banks and other entities to begin issuing stablecoins, leading to a flood of them entering the market. Senator Bill Hagerty urged lawmakers to vote on the bill, claiming that without regulation, innovation would continue internationally, excluding America and falling behind in global competitiveness. Puckrin believes the GENIUS Act may be the answer the USD needs to hold on to global power. Other bill champions, such as blockchain security firm Lionsgate CEO Bezalel Eithan Raviv, believe that passing the bill is better than no stablecoin regulation at all.