Ripple Unveils Institutional RLUSD Issuance and Redemption Platform 'Ripple Mint'

Ripple has launched a dedicated platform, 'Ripple Mint,' to enhance institutional access to its dollar-pegged stablecoin RLUSD. The platform supports web interfaces and direct API integrations, enabling institutions to issue, redeem, and manage RLUSD either manually or through automated systems. Ripple emphasizes that the platform is designed to provide flexible access to digital dollars aligned with institutional workflows. RLUSD, launched in December 2024 to target institutional demand, has since expanded to retail users and entered the top 10 dollar-linked stablecoins by market cap. As of June 2026, RLUSD's market cap surpassed $1.8 billion, with fluctuations around $15.9 billion, and it now ranks 9th among dollar-pegged stablecoins.