According to Ripple's stablecoin tracker, the company has minted 20 million RLUSD stablecoins on the Ethereum blockchain. Earlier this week, Ripple burned 1.65 million RLUSD and minted nearly 9.76 million. Ripple executive Reece Merrick highlighted Turkey's leading cryptocurrency adoption rate in the Middle East and North Africa region and noted that stablecoins like RLUSD are expected to play a crucial role amid local currency fluctuations. Additionally, Ripple announced a shift in its XRP Ledger 2026 funding model from its own sponsored projects to a more decentralized approach involving independent organizations and community-led initiatives.

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