Ripple launches Mint to expand institutional RLUSD access
Ripple launches Mint to expand institutional access to RLUSD, giving firms new ways to mint, redeem and manage the dollar-pegged stablecoin through a web interface or API. Announced Thursday, the platform supports manual and automated workflows for payments, trading and treasury as RLUSD’s market cap approaches roughly $1.6 billion.
Key Takeaways
- Ripple launched Ripple Mint so institutions can access, mint, redeem and manage RLUSD in one place.
- The platform offers a web interface and direct API integrations for both manual and automated use.
- RLUSD debuted in December 2024 and ranks among the top 10 USD stablecoins by market cap.
- Around the Mint launch, RLUSD’s market cap briefly moved from about $1.54 billion to $1.64 billion before settling near $1.59 billion.
- At publication, RLUSD was the ninth-largest USD-pegged stablecoin by market capitalization.
Ripple, a blockchain-focused fintech company, has launched Ripple Mint, a unified platform that lets institutions manage RLUSD through a web interface or direct API integrations. Related institutional crypto coverage is collected in Fintech & Crypto Alerts.
What is Ripple Mint and how does it work?
Ripple said Mint is built to give institutions flexible access to digital dollars through the workflows that fit their needs. Firms can manage RLUSD via a web interface or through direct application programming interface (API) integrations.
The platform is designed to support both manual operations and automated integrations as institutions adopt stablecoins for payments, trading and treasury activities.
Why does institutional RLUSD access matter now?
RLUSD launched in December 2024 with a focus on institutional use, although the stablecoin has also gained traction among retail users. Less than one year after launch, the token grew into one of the larger US dollar-based stablecoins by market capitalization and reached the top 10.
Against that backdrop, Ripple is offering institutions a unified way to access, mint, redeem and manage RLUSD. Mint is positioned for both manual operations and automated integrations tied to payments, trading and treasury workflows.
How large is RLUSD’s market cap around the Mint launch?
The token reached its all-time high market capitalization on June 1, 2026, when it surpassed $1.8 billion, according to CoinGecko. Around the Ripple Mint launch, RLUSD’s market cap briefly rose from about $1.54 billion to $1.64 billion before settling near $1.59 billion.
At the time of publication, RLUSD ranked as the ninth-largest USD-pegged stablecoin by market capitalization. Ripple’s Mint launch arrives as that figure sits near the $1.6 billion range highlighted in reports on the announcement.
In short, Ripple is pairing RLUSD’s rapid rise with a dedicated institutional gateway. Mint’s web and API options are the concrete mechanism behind the company’s push to expand access for payments, trading and treasury use cases.