Ripple unveils Ripple Mint for institutional RLUSD access

Ripple has launched a new institutional platform designed to streamline how financial firms access and manage its regulated stablecoin. The platform, called Ripple Mint, enables approved customers to mint, redeem, and manage Ripple USD (RLUSD) through automated application programming interfaces (APIs) alongside a web interface. The launch on July 23 aims to integrate the stablecoin more deeply into institutional payment, trading, and treasury systems by reducing operational friction.

Ripple Mint consolidates the minting and redemption process into a unified system, giving institutions programmatic control over RLUSD operations. This allows firms like exchanges, market makers, and fintech companies to connect stablecoin transactions directly to their existing software, automating requests, balance checks, and transaction tracking. A key feature is the use of consistent reference IDs, which provide clearer visibility by linking each step from fiat currency transfer to on-chain settlement. The platform also supports moving RLUSD across multiple compatible blockchain networks.

The launch addresses a growing need for automation as RLUSD expands into more financial channels. In...