Ripple Doubles Down on RLUSD With Mint Launch and Notabene Investment

The company announced the launch of a new platform, dubbed ‘Ripple Mint,’ that gives institutional customers a single way to access, mint, redeem, and manage RLUSD.

It said the main objective is to make digital dollars easier to access, integrate, and operate at scale as stablecoins become more deeply embedded in trading, payments, and treasury operations.

Pushing RLUSD’s Institutional Reach

According to the official blog post, Ripple Mint expands RLUSD access beyond traditional platform-based workflows by allowing institutions to manage the stablecoin either through a user interface or through programmatic integrations.

With Ripple Mint, institutions can mint and redeem RLUSD directly from the issuer, bridge the stablecoin across supported blockchains, monitor funds throughout the full transaction lifecycle, and integrate RLUSD operations into their own internal systems and workflows.

The rollout will not affect existing customers of the stablecoin, who will now be able to use the platform for both manual operations and automated integrations. The company has also introduced new APIs and webhook notifications that allow customers to automate RLUSD workflows, query transaction status throughout the minting and redemption process, access account balances programmatically, and receive real-time updates on important events such as fiat receipt, mint processing, on-chain settlement, and payout completion.

… Continue reading the full article at the original source below.