Ripple launched Ripple Mint on July 23, a platform that gives eligible institutions web-based and programmatic access to mint, redeem, and manage the Ripple USD (RLUSD) stablecoin. The platform combines a browser interface with application programming interfaces (APIs) that allow institutions to automate stablecoin operations and integrate RLUSD into existing systems. RLUSD is issued by Standard Custody & Trust Company LLC, which holds a limited-purpose trust charter from the New York Department of Financial Services, providing regulated oversight that institutional customers require for compliance and operational standards.
Ripple Mint Adds APIs and Webhooks for Automated Operations
Ripple Mint includes APIs, webhook notifications, programmatic balance access, and transaction status tracking to help institutions automate RLUSD activity. Consistent reference IDs connect each step of the minting and redemption process, giving exchanges, market makers, and fintech companies clearer visibility across fiat transfers and blockchain transactions.
Eligible customers can initiate redemptions through the web interface or an API, choose fiat settlement or move RLUSD across supported blockchains, and receive real-time updates for events such as fiat receipt, mint processing, onchain settlement, and payout completion. The platform gives customers the flexibility to choose between manual and programmatic workflows while reducing operational complexity.
RLUSD Expands to Six Additional Blockchain Networks
Ripple is adding RLUSD support for the XRPL EVM Sidechain, Base, Optimism, Ink, and Unichain, extending the stablecoin beyond its original deployments on the XRP Ledger and Ethereum. The expansion gives institutions and developers more ways to use the stablecoin across decentralized finance, payments, and other blockchain-based services.
The XRPL EVM Sidechain combines Ethereum Virtual Machine compatibility with a connection to the XRP Ledger. That structure allows RLUSD to work with Ethereum-based tools and applications while supporting additional liquidity, settlement, and transaction activity within the broader XRP ecosystem.
Wider blockchain access builds on RLUSD's expansion onto additional trading venues. Earlier listings included OKX, which increased the stablecoin's availability through major exchanges. Binance's RLUSD listing further broadened access for institutions and market participants.
Standard Custody & Trust Company Provides Regulatory Oversight
RLUSD is issued by Standard Custody & Trust Company LLC, which received a limited-purpose trust charter from the New York Department of Financial Services. That oversight is central to the product's institutional pitch because regulated financial companies often require clear compliance and operational standards before adopting a stablecoin.
Ripple is positioning RLUSD for enterprise payments, cross-border settlement, tokenized financial markets, and other institutional financial applications. According to Ripple's official RLUSD overview, the dollar-backed stablecoin is designed to support regulated digital asset infrastructure for financial institutions.
Existing RLUSD customers can use Ripple Mint immediately through either manual or automated workflows. The company plans to develop the platform into a broader system for institutional stablecoin operations and liquidity management.
FAQ
What did Ripple launch on July 23?
Ripple launched Ripple Mint on July 23, a platform that enables eligible institutions to mint, redeem, and manage the RLUSD stablecoin through web-based and programmatic access.
Which blockchain networks now support RLUSD?
RLUSD is expanding to the XRPL EVM Sidechain, Base, Optimism, Ink, and Unichain, in addition to its original deployments on the XRP Ledger and Ethereum.
Who issues RLUSD and provides regulatory oversight?
RLUSD is issued by Standard Custody & Trust Company LLC, which holds a limited-purpose trust charter from the New York Department of Financial Services.
