Ripple announces the launch of the Ripple Mint platform, providing institutional users with unified access to RLUSD (Ripple USD) for a complete minting, redemption, and management pipeline. The platform is already open to all existing RLUSD customers. Ripple Mint offers two access options: a web-based solution or direct API connectivity, supporting both manual operations and automated integrations.
Ripple Mint platform features: institutions can mint, redeem, and transfer cross-chain
According to Ripple’s official announcement, the key functional framework of Ripple Mint is as follows:
The platform offers two access methods—either a web-based solution or direct API connectivity; the latter helps enterprises achieve automation while maintaining traditional operational control. Institutional users can perform the following actions on the platform: mint and redeem RLUSD; transfer RLUSD from one supported blockchain to another; track the full process of transactions from creation to completion; and integrate RLUSD activity into existing systems.
RLUSD is issued by Standard Custody & Trust Company LLC. The company is a trust company chartered by the New York State Department of Financial Services (NYDFS). Ripple says this structure is “regulated,” and can provide the transparency and oversight institutional customers need.
New API and webhook notification features
Based on Ripple’s feature description, this update’s new API and webhook notification features allow users to: query account balances programmatically; view transaction status; receive real-time updates at each stage of minting and redemption; and use a unified reference ID to improve visibility into fiat and blockchain transactions.
Ripple said, “With the new API and webhook notifications, customers can now integrate the RLUSD workflow directly into their own systems, enabling automation, operational visibility, and easier reconciliation.”
RLUSD multi-chain expansion plan: expanding from XRP Ledger and Ethereum to seven blockchains
According to Ripple’s multi-chain expansion plan, RLUSD is currently expanding from the original XRP Ledger and Ethereum to the following new blockchain ecosystems:
· XRPL EVM side chain (strategy core), enabling developers to stay connected to the XRP Ledger ecosystem while supporting EVM
· Base
· Optimism
· Ink
· Unichain
Ripple said this expansion will increase RLUSD availability across cryptocurrency exchanges, DeFi protocols, payments applications, and new on-chain financial infrastructure. XRP and RLUSD will be used together in areas such as liquidity, settlement, collateralization, swaps, and payments.
FAQ
Which users does the Ripple Mint platform currently support?
According to Ripple’s announcement, the Ripple Mint platform is currently open to all existing RLUSD customers, offering two access options: a web-based solution or direct API connectivity.
Who is the issuer of RLUSD, and which regulator oversees it?
According to Ripple, RLUSD is issued by Standard Custody & Trust Company LLC, a trust company chartered by the New York State Department of Financial Services (NYDFS).
Which new blockchains will RLUSD expand to?
According to Ripple’s multi-chain plan, RLUSD will expand from XRP Ledger and Ethereum to the XRPL EVM side chain, Base, Optimism, Ink, and Unichain. The XRPL EVM side chain is a key component of the company’s strategy.
