Ripple Unveils Ripple Mint Platform for Institutional Stablecoin Management

Ripple has launched Ripple Mint, a platform that allows institutions to mint, redeem, and manage RLUSD, its US dollar-pegged stablecoin.

The launch comes as RLUSD's market capitalization approaches $1.6 billion, with the stablecoin ranking ninth-largest USD-pegged stablecoin by market cap.

Ripple described Ripple Mint as a platform built around the operational preferences of institutional users, offering both automated workflows and manual controls through a web interface or direct API integrations.

The company said Ripple Mint is designed to support institutions adopting stablecoins for payments, trading, and treasury activities.