🏦 Ripple Mint: Institutional RLUSD operations decoded
Ripple Mint launched July 23, 2026, as a unified dashboard and API for eligible institutions to mint, redeem, bridge, and monitor RLUSD. The product is designed for treasurers, OTC desks, exchanges, and payment service providers—not retail.
RLUSD is issued by Standard Custody & Trust Company, LLC, a NYDFS-chartered trust company. Ripple announced a strategic investment in Notabene to integrate Travel Rule and VASP screening into regulated payment workflows. As of July 25, 2026, RLUSD's market cap stood around $1.59B in circulation. On-chain transfer volume, however, dipped approximately 25% month-over-month around the launch window, from roughly $14.6B to about $11B.
Key use cases include treasury cash management, settlement between entities, on- and off-ramps, and programmable payouts. Institutions gain a single control plane for issuance, redemption, and bridging across supported networks, with full audit trails. …
July 25, 2026 426 1
