RLUSD Supply Tracker
Live RLUSD supply data from the XRP Ledger. Track total supply, holder growth, and trading volume.
Last updated: 3/31/2026, 7:58:13 PM
What Is RLUSD Supply?
RLUSD has no maximum supply. Ripple mints new RLUSD when customers deposit US dollars and burns RLUSD when they redeem. This mint-and-burn model keeps the supply elastic — it grows with demand rather than following a fixed schedule.
The circulating supply equals the total supply because all minted RLUSD is immediately in circulation. There is no locked, vesting, or escrowed RLUSD. Every token is backed 1:1 by USD deposits and short-term US treasuries held in segregated accounts.
RLUSD Supply Growth
RLUSD launched in December 2024 and has grown rapidly. Key milestones:
- December 2024 — initial minting on both XRPL and Ethereum
- Early 2025 — supply surpassed $100M as exchange listings expanded
- 2025-2026 — continued growth driven by DEX trading, AMM pools, and institutional adoption
You can track the current supply in the stats panel above, updated every 30 minutes from on-chain data.
How RLUSD Supply Works
Minting
Ripple mints new RLUSD when customers deposit USD. Each mint increases total supply. Minting happens on both XRPL and Ethereum.
Burning
When holders redeem RLUSD for USD, the tokens are burned and total supply decreases. This keeps the 1:1 backing ratio intact.
Multi-Chain Supply
RLUSD exists on both the XRP Ledger and Ethereum. The total supply is the sum of both chains. On-chain data here tracks the XRPL portion.
RLUSD vs Other Stablecoin Supply
| Stablecoin | Issuer | Max Supply | Chains |
|---|---|---|---|
| RLUSD | Ripple | No cap | XRPL, Ethereum |
| USDT | Tether | No cap | Ethereum, Tron, +12 |
| USDC | Circle | No cap | Ethereum, Solana, +8 |
| DAI | MakerDAO | No cap | Ethereum, L2s |
Track RLUSD
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