Ripple has introduced Ripple Mint, a platform designed to make its dollar-backed stablecoin, RLUSD, easier for institutions to mint, redeem, bridge, and monitor. The launch was announced alongside a strategic investment in compliance firm Notabene, aiming to integrate RLUSD into a payment network serving over 2,300 institutions across 100+ jurisdictions.
Ripple Mint provides a web console, APIs, and webhook alerts that replace manual workflows. Approved customers can manage RLUSD operations, track transactions from fiat receipt to on-chain settlement using shared reference IDs, and connect the platform to their own systems. This targets exchanges, market makers, and fintech firms that require frequent stablecoin activities.
The Notabene deal will add RLUSD to Notabene Flow, a platform for business stablecoin payments that enforces identity checks, counterparty information, and transaction pre-authorization to meet Travel Rule and internal compliance requirements. Ripple stablecoin executive Jack McDonald noted, “Institutional adoption depends on more than efficient settlement rails alone.” Financial terms were not disclosed.
The announcements come as RLUSD’s monthly transfer volume dropped around 25% to approximately $10.95 billion, while holder counts rose 6% and active addresses increased 70%. Market value slipped nearly 5%. RLUSD’s circulating supply stood at $1.51 billion with $1.62 billion in reserves as of July 16. Ripple has also expanded RLUSD’s multi-chain reach through Wormhole’s Native Token Transfers, now connecting to over 40 networks including Base, Optimism, and Unichain.
Ripple says the new tools are meant to reduce friction and boost real-world adoption, but concrete volume targets or adoption forecasts have not been provided. Observers note that execution and partner uptake will determine whether Mint and the Notabene integration translate into sustained payment and settlement growth.
