Ripple Rolls Out Institutional Gateway for RLUSD Stablecoin
Ripple has launched Ripple Mint, a dedicated platform to streamline how financial institutions interact with its dollar-pegged stablecoin, RLUSD. The move marks a significant step in Ripple's push to become a core infrastructure provider for digital dollar operations in the institutional market.
The platform provides a unified interface that supports both manual operations through a web portal and automated workflows via direct API integrations. This allows institutions to automate stablecoin operations, integrate RLUSD into their existing financial systems, and manage dollar liquidity across different blockchain networks.
Ripple Mint is built on the success of RLUSD, which has rapidly climbed the rankings of dollar-backed stablecoins since its launch in December 2024. At publication, RLUSD ranked as the ninth-largest USD-pegged stablecoin by market capitalization, with a market cap of over $1.59 billion.