Ripple added 10 million RLUSDs to XRP Ledger on August 17, raising the circulation of the dollar to 17.11 billion. In addition to the continued expansion of supply, the RLUSD has recently promoted payment access and overseas compliance, demonstrating that its development focus is on the payment scene.

Circulation rises to 17.11 billion

XRPScan on the chain shows that this additional transaction was confirmed on August 17, with a two-signed multiple-signature processing with a maximum of 10 million RLUDs. The network fee for this operation is 0.000405 XRP, and the new casting token is transferred to the specified RLUSD target address.

The CoinGecko data show that when the increase was completed, the RLUD circulation reached 17.11 billion, corresponding to a market value of about US$ 17.1 billion. Over the past 24 hours, the currency transaction volume has been approximately $58 million.

Payment and compliance access continues to advance

In July, Ripple entered into cooperation with the Compliance Technology Company, Notabene, to connect RLUSD to its platform for the payment of stable inter-firm coins, Notabene Flow. According to the article, this access is primarily oriented towards the enterprise payment scene, with a focus on providing a more complete compliance process for institutional users.

Both sides are also exploring access to Ripple Payments for Notabene's trading authorization and compliance infrastructure. If integration continues, institutional clients can use a more uniform process between payment execution and transaction review.

Japan and Turkey are expanding simultaneously.

The article mentions that the RLSD has been approved by the Japan Financial Agency and was launched in Japan in June through the VCTRADE platform of the SBI VC Trade, open to institutions and retail users. It is referred to as Japan ' s first stable currency to be processed under the fourth category of electronic payment tools.

Also in June, Ripple announced cooperation with BiLira, Bitexen and Bitlo in Turkey to make RLUSD open to local institutional users. According to the article, this reflects the fact that Ripple is giving priority to market-driven RLUSD, with clearer regulatory paths and local channels of cooperation.

Overall, 10 million of these increases are not extreme in their own size, but in combination with access to payment platforms and regional compliance progress, RLUSD is gradually expanding from a single stable currency product to a part of the Ripple cross-border payment system.