Ripple mints 14M RLUSD and partners with OpenPayd to facilitate fiat-stablecoin conversions, aiming to rival Tether and Circle.

Ripple's stablecoin ecosystem took a big step forward on July 2, 2025, when it added 14 million RLUSD tokens to its treasury.

The transfer of 14 million RLUSD to the new wallet indicates strong demand for liquidity and points to a broader push to expand the stablecoin's use cases globally.

Ripple Increases RLUSD Utility With New Minting

Based on Ripple Stablecoin Tracker's X post, this new release was confirmed on Ethereum and shared by Etherscan, focusing on transparency and trust. RLUSD is a dollar-backed stablecoin designed to maintain a 1:1 value with the US dollar.

It allows businesses and individuals to move money across borders without worrying about volatility.

This new minting aligns with Ripple's mission to provide better liquidity, faster payments and better financial access worldwide.

At the same time, Ripple announced a strategic partnership with OpenPayd, a leading financial infrastructure provider, via a blog post.

The partnership combines blockchain-powered payment solutions with OpenPayd's fiat network, including real-time payment rails, multi-currency accounts, and virtual IBANs.

OpenPayd will now offer direct minting and burning of RLUSD. Businesses can seamlessly convert between fiat and RLUSD using OpenPayd’s single API, simplifying treasury and operational flows.

The OpenPay partnership will enable RLUSD to compete with USDT and USDC.

This collaboration opens up new possibilities for RLUSD for cross-border payments, global treasury management, and faster access to US dollar liquidity. As the demand for stablecoins increases, businesses need a compatible and reliable infrastructure to manage money around the world.

By working together, Ripple and OpenPayd are building a unified system that connects traditional finance with blockchain, offering faster, cheaper and more transparent money movement.

Ripple's payments network already covers over 90 payout markets and processes over $70 billion in volume.

The latest RLUSD mint, combined with OpenPayd’s infrastructure, positions the ecosystem to better serve banks, crypto companies, and FinTech firms.

It supports instant settlement, facilitates global cash flow, and helps companies future-proof their payment strategies. The 14 million RLUSD minting event is more than just an increase in supply.

This marks a serious move into the competitive stablecoin market, where Ripple aims to challenge dominant players like Tether and Circle.

By combining solid fiat infrastructure with blockchain innovation, Ripple and OpenPayd are setting a new standard for enterprise payments.

Earlier, Ripple unlocked 500 million $XRP tokens from escrow and re-locked 400 million tokens to rebalance its holdings.

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