Ripple has minted an additional $20 million worth of its RLUSD stablecoin, increasing the total supply to 1.53 billion. This move is part of Ripple's strategy to capture a share of the regulated stablecoin market, which is currently dominated by Tether's USDT and Circle's USDC, with market caps of $183 billion and $74 billion, respectively. Ripple aims to position RLUSD as a competitive alternative in this rapidly growing sector.