Ripple’s $35 Million Surprise: Is It a Miracle or Just a Coincidence?

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So, here we are, folks. Ripple USD stablecoin, out of nowhere-like your friend who shows up at the party, uninvited, with $35 million worth of RLUSD minted. I mean, really? Does anyone even know where this money came from? It’s like finding an extra slice of pizza in the fridge when you thought there was nothing left. But hey, EthereumScan caught it right away, linking it to some address that starts with “0xfbca8b5f.” Sounds fancy, right? But who’s keeping track of all these random letters and numbers anyway?

Now, let’s talk about this minting thing. This RLUSD launched last year, trying to play catch-up with the big boys like USDC and USDT. And guess what? It’s now sitting pretty with a circulating supply of $1.49 billion. That’s billion with a “B,” folks. Go big or go home, I guess.

And here’s the kicker: despite being eighth in total market cap, RLUSD is doing more daily volume than PayPal’s PYUSD! I mean, come on, isn’t that like the underdog story we love? It raked in a staggering $259.5 million in just 24 hours. That’s more cash flow than my entire life savings-combined!

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💵💵💵💵💵💵💵 35,000,000 #RLUSD minted at RLUSD Treasury.

– Ripple Stablecoin Tracker (@RL_Tracker) February 3, 2026

Now, let’s get down to brass tacks here. What does this sudden $35 million mint actually mean? Is it for inventory? Is it a liquidity thing? Maybe it’s just Ripple’s way of saying, “Hey, look at us!” It could be anything, really. Maybe they’re just trying to keep the lights on in some dark corner of the crypto universe.

In this rollercoaster of a market, where stablecoins are the only thing growing faster than my hairline, it seems like Ripple’s taking advantage of its unused network capacity. You know, while U.S. banks are still figuring out if they should join the party or just stay home and binge-watch Netflix.

But here’s the takeaway: it’s not just about that flashy $35 million. It’s about the pattern. Thirty-five million after fifteen million after fifty-nine million-it’s like watching a bad reality show unfold. Ripple’s feeding those pipes, and you’ve got to wonder, what’s next? Stay tuned, folks. This crypto drama is just getting started!

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2026-02-04 13:56