$RLUSD Stablecoin Takes Center Stage as Ripple Launches New Institutional Platform

Ripple has launched Ripple Mint, a new platform for institutional clients to create, manage, and transfer its $RLUSD stablecoin across different networks.

The platform allows institutions to mint and redeem $RLUSD, bridge assets between supported blockchain networks, and track transactions end-to-end.

Ripple states that the platform was developed specifically for customers who handle high-volume transactions and need automation, real-time visibility, and on-premises system integration instead of manual processes.