TL;DR
Ripple Treasury minted 19.6 million RLUSD on Ethereum , signaling increased liquidity operations across multi-chain ecosystems.
Standard Chartered launched institutional custody for RLUSD on the XRP Ledger through its Dubai International Financial Centre branch.
A strategic initiative with LMAX Group positions RLUSD as potential collateral for institutional trading , reinforcing enterprise adoption.
Ripple Treasury generated 19.6 million RLUSD on the Ethereum network , advancing its enterprise-grade stablecoin infrastructure. This minting activity coincides with expanding adoption, where major traditional banking entities integrate the asset into regulated custody frameworks.
19,600,000 $RLUSD minted at RLUSD Treasury. https://t.co/GORFFengfn
— Ripple Stablecoin Tracker (@RL_Tracker) October 13, 2026
Strategic Minting Dynamics and Ripple Treasury
On-chain data confirms that Ripple Treasury executed a creation of 19.6 million RLUSD, equivalent to $19.6 million , directly on its Ethereum deployment. This event follows a previous issuance of 19 million tokens, bringing recent creation volumes to 38.6 million tokens. Over the same period, network monitors tracked three distinct token burns totaling 50.6 million RLUSD on the XRP Ledger, resulting in a net supply reduction of 12 million tokens across both chains.
These balancing mechanisms highlight active liquidity management by Ripple Treasury as demand shifts between decentralized layers. With a market capitalization holding near $2.42 billion according to CoinGecko data , RLUSD continues to maintain stable parity with the US dollar. The active management of supply across Ethereum and the XRP Ledger demonstrates how modern digital assets handle institutional treasury requirements while maintaining transparency.
Banking Infrastructure and Cross-Market Liquidity Solutions
Parallel to this minting activity, global banking giant Standard Chartered introduced official custody support for RLUSD issued on the XRP Ledger. Operating through its entity within the Dubai International Financial Centre under Dubai Financial Services Authority regulation, the financial institution now enables corporate clients to store the digital asset securely.
Standard Chartered is also working with Ripple and LMAX Group to utilize custodial RLUSD as eligible trading collateral . Under this proposed framework, institutional investors can leverage RLUSD stored at Standard Chartered to collateralize trades on LMAX without moving the underlying tokens out of secure bank vaults. Subject to final documentation and regulatory review, this model sets a benchmark for capital efficiency in institutional digital finance.
As traditional banking infrastructure aligns directly with on-chain settlement, enterprise stablecoins are changing wholesale capital markets . The combination of active liquidity management by Ripple Treasury and regulated custody solutions creates a foundation for broader institutional participation in the digital asset economy.
