Ripple has launched Ripple Mint, a platform that lets institutions mint, redeem, and manage RLUSD directly. The move brings together a web console for manual oversight, APIs for automated workflows, and real-time tracking with webhook alerts for fiat receipt, minting, and onchain settlement. Consistent reference IDs tie every stage together for reconciliation — a setup aimed at institutional-grade stablecoin operations.
Inside Ripple Mint
The platform gives users two ways to interact: a web console for manual control and APIs for programmatic workflows. Every transaction is tracked in real time, and webhooks fire when fiat arrives, when minting happens, and when settlement lands onchain. Reference IDs follow each step, so reconciliation doesn't turn into a headache. Standard Custody & Trust Company, a New York-chartered trust firm, issues RLUSD under state financial regulation.
Compliance layer
Ripple also invested in Notabene, a compliance firm that works with banks and virtual asset service providers. The integration adds identity checks and transaction authorization to the stablecoin network — compliance data gets shared before funds move. It's a practical step for institutions that need to know who they're transacting with. Ripple's stablecoin business in Japan runs through SBI Group, and Ripple Payments recently secured Markets in Crypto-Assets (MiCA) registration in Europe, giving it a regulatory foothold on both sides of the Atlantic.
Chain expansion
RLUSD now bridges the XRP Ledger's EVM Sidechain, Base, Optimism, Ink, and Unichain. That's a lot of chains for a stablecoin that launched not long ago. Every transaction on the XRP Ledger burns a small amount of XRP as a network fee, so RLUSD activity directly ties to XRP's shrinking supply. As usage grows across these networks, those burns will keep chipping away at the circulating supply.
