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XRP Ledger expands with RLUSD minting surge and Axelar cross-chain transfers

XRP Ledger expands with RLUSD minting surge and Axelar cross-chain transfers

Ripple minted $133.3 million in RLUSD on XRPL as supply reached $851 million, while XRP Ledger and its EVM sidechain joined Axelar to enable cross-chain transfers and deeper DeFi connectivity.

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Fact Check
Both core claims are corroborated. The Axelar cross-chain integration is confirmed by the primary source — the official XRP Ledger Foundation X account (@XRPLF) — which announced cross-chain asset transfers settling in seconds and referenced Axelar. U.Today's 'XRP Ledger Goes Cross-Chain' article corroborates the same integration including the EVM sidechain and DeFi connectivity. The $133.3M RLUSD mint on August 3 and the $851M RLUSD supply on XRPL are reported by U.Today's stablecoin article. The claim's figures match reported values. Minor uncertainty remains only because the mint/supply numbers rely on third-party stablecoin tracker data rather than a direct Ripple statement.
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Summary

Ripple minted $133.3 million in RLUSD on the XRP Ledger on August 3, lifting seven-day XRPL issuance to $185 million and 30-day issuance to $309 million, with supply on the ledger reaching $851 million. Separately, XRP Ledger and the XRPL EVM Sidechain were added to the Axelar App for native cross-chain transfers of XRP and other supported assets, including SHx, USDf, SOIL, WETH, WBTC, mBTC, mTBILL and mXRP. Together, the developments extend stablecoin liquidity, interoperability and developer infrastructure across the XRPL ecosystem as Ripple pushes further into payments, decentralized finance and institutional use cases.

Terms & Concepts
  • RLUSD: Ripple's stablecoin, which is being issued on the XRP Ledger and used across payments, lending and other blockchain-based financial services.
  • Axelar Network: Cross-chain infrastructure that connects multiple blockchains and enables asset transfers through the Axelar App.
  • XRPL EVM Sidechain: An Ethereum-compatible sidechain linked to the XRP Ledger, designed to support EVM-based applications and interoperability.