Ripple Launches Mint Platform; RLUSD Market Cap Rises to $1.64B

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Ripple launched Ripple Mint on Thursday, a unified platform enabling institutions to mint, redeem, and manage its US dollar-pegged stablecoin RLUSD through web interface or API integrations. The platform is designed to support both manual operations and automated integrations for payments, trading, and treasury activities. RLUSD's market cap briefly rose from $1.54 billion to $1.64 billion around the launch before settling near $1.59 billion, according to CoinGecko. As of publication, RLUSD ranked as the ninth-largest USD-pegged stablecoin by market capitalization.
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