Ripple Expands RLUSD Stablecoin Reach with New Platform

Ripple has expanded its RLUSD stablecoin's reach by launching Ripple Mint, a new platform that enables institutions to mint, redeem, and manage the regulated token. This expansion supports both manual and automated workflows, facilitating seamless integration of RLUSD into various systems.

The platform currently supports multiple blockchains, including XRPL EVM Sidechain, Base, and Optimism, in addition to XRP Ledger and Ethereum. Ripple aims to position RLUSD as a key stablecoin for institutional financial applications by enhancing its operations and liquidity management through ongoing development.