Ripple Expands Institutional Access to RLUSD Stablecoin with New Platform

Ripple has launched Ripple Mint, a platform designed to simplify institutional access to its RLUSD stablecoin. The new platform provides flexible tools for minting, redeeming, and managing digital assets, allowing organizations to choose between manual workflows and automated processes that fit their operational requirements.

Ripple Mint enables users to mint and redeem RLUSD, transfer the stablecoin across supported blockchain networks, and monitor transactions from initiation to completion. Businesses can also integrate RLUSD activities into their existing systems for improved operational efficiency.

RLUSD is issued by Standard Custody & Trust Company LLC, a trust company chartered by the New York Department of Financial Services (NYDFS). Ripple emphasized that the regulated structure of RLUSD provides the transparency, compliance, and oversight required by institutional clients.