Ripple Labs minted 68 million RLUSD stablecoins in three batches within 24 hours, with the largest batch minting 39 million. On-chain data tracking suggests that this minting activity is being prepared for exchange listing or to meet cross-border payment needs, as the newly minted tokens will be stored in Ripple's treasury. The popularity of RLUSD is continuously increasing, with its market cap ranking rising from 104th in August 2025 to 55th, and trading volume increasing by 129.11% to $95.9 million. The current reserve for this stablecoin is $1.33 billion.