Ripple has launched Ripple Mint, a unified platform that gives institutional customers a single interface to access, mint, redeem, and manage Ripple USD (RLUSD) through either a web console or programmatic integration.
The launch streamlines RLUSD issuance and redemption by bringing operational controls, automation, and transaction visibility into one platform as stablecoins become increasingly integrated into trading, payments, treasury management, and cross-border settlement. RLUSD has grown to more than $1.5 billion in circulating supply, making it one of the largest regulated U.S. dollar-backed stablecoins.
Console And API Access in One Platform
Ripple Mint combines a web-based interface with API access, allowing institutions to choose between managing RLUSD through a dashboard or integrating stablecoin operations directly into their internal infrastructure. Through the platform, customers can mint and redeem RLUSD, move the stablecoin across supported blockchains, monitor transactions throughout the issuance and redemption lifecycle, and connect those processes with internal treasury and payment systems.
The platform also introduces new APIs and webhook notifications to automate operational workflows. Customers can initiate redemption requests through either the web interface or the API, support fiat settlement, monitor transaction status from initiation through settlement, and retrieve account balances programmatically. Webhook notifications provide updates at key stages of each transaction, including fiat receipt, mint processing, on-chain settlement, and payout completion. Ripple said consistent reference IDs allow customers to track transactions across both fiat and blockchain systems.
The company said Ripple Mint is designed to reduce operational complexity for exchanges, market makers, fintech firms, and other institutional users expanding their RLUSD activity. Existing RLUSD customers can continue using their current workflows while gaining access to the new platform. RLUSD is issued by Standard Custody & Trust Company, LLC, a trust company chartered by the New York Department of Financial Services. Earlier this year, the stablecoin was selected for use in Singapore’s BLOOM trade finance sandbox, expanding its role in regulated cross-border payment initiatives.
Multichain Expansion Continues
Ripple has also expanded RLUSD beyond its initial deployment on the XRP Ledger and Ethereum. The stablecoin is now available on the XRPL EVM Sidechain, Base, Optimism, Ink, and Unichain, extending its availability across Ethereum Virtual Machine-compatible ecosystems. According to Ripple, the XRPL EVM Sidechain enables developers to use familiar Ethereum tooling while maintaining connectivity with the XRP Ledger, expanding RLUSD’s reach across decentralized finance applications built on EVM infrastructure.
Ripple said it expects RLUSD to become available across more exchanges, decentralized finance protocols, payment platforms, and other on-chain financial applications. The company added that XRP and RLUSD are intended to complement one another across use cases including liquidity provision, settlement, payments, collateral, and token swaps.
Ripple Mint is available immediately to existing RLUSD customers, with the company planning to expand the platform as a broader institutional gateway for stablecoin operations and liquidity management. According to Ripple’s transparency page, RLUSD had approximately $1.5 billion in circulation backed by $1.6 billion in reserve assets, based on the company’s latest published reserve report.