Apr. 2 at 9:18 AM
$XRP.X
Recent activity: ~150M RLUSD minted on XRPL (via Gemini) has sparked a lot of speculation about a direct price impact on XRP.
Reality check from XRPL validator Vet: RLUSD minting does NOT create direct buy pressure on
$XRP. It’s not a mechanism that forces demand into the token.
Instead, RLUSD functions as a liquidity layer — improving flows, onboarding, and overall network utility. That’s good for ecosystem growth, but not an immediate price catalyst.
Ripple CTO David Schwartz has also clarified this: ecosystem expansion strengthens XRPL long-term, but XRP price movement is still driven by broader market demand, not token issuance or minting events.
