Ripple Injects $40M into Market, Sparking Speculation on RLUSD's Future
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Injection: Ripple's strategic move to inject $40 million into the market through two separate $20 million transactions sent directly to a Gemini-linked address has resulted in a wallet now holding 98.3 million RLUSD, significantly heightening speculation within the XRP community regarding Ripple's future actions.
- Stablecoin Market Dynamics: Despite the absence of a public announcement, Ripple's stablecoin maintains a market capitalization of $1.33 billion with a daily trading volume of $110.7 million, indicating its active presence and potential influence in the market.
- Regulatory Milestone: Ripple has successfully registered with the UK's Financial Conduct Authority (FCA), allowing it to conduct specific crypto-related activities, marking a key step in expanding Ripple's legal footprint in the global market.
- Strategic Collaboration Outlook: Ripple's ongoing collaboration with major financial institutions like Mastercard and Gemini on a credit card settlement pilot program using RLUSD is advancing, although awaiting regulatory approval, suggesting that Ripple may be preparing for a significant push in the stablecoin sector.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







