Gemini has minted 150 million RLUSD on the XRP Ledger, sparking debate about its potential impact on XRP's price. Despite expectations from some community members, XRPL validator Vet clarified that the issuance of RLUSD does not create buying pressure for XRP. As a stablecoin, RLUSD serves as a liquidity on-ramp, facilitating transactions and network adoption rather than directly influencing XRP's price. Ripple's former CTO, David Schwartz, also confirmed that initiatives like RLUSD minting and XRPL bridging do not directly affect XRP's price. While these developments may enhance network utility and adoption over time, they do not immediately translate into price movement for XRP. However, the expansion of such tools could potentially support XRP's value in the long term by boosting ecosystem growth.