Ripple Expands RLUSD With API-Based Minting as Banks Accelerate Stablecoin Adoption

1 hour ago 2 sources positive

Key takeaways:

  • Ripple Mint lowers institutional friction, potentially accelerating RLUSD settlement and XRP liquidity demand.
  • Coinbase's broader RLUSD access may boost stablecoin volume but risks fragmenting XRP trading liquidity.
  • Watch RLUSD adoption; bank rails signal confidence but growth may not lift XRP.

Ripple has expanded its RLUSD stablecoin infrastructure with the launch of Ripple Mint, an API-based platform designed to automate institutional issuance and redemption of RLUSD. The new capability is intended to simplify how financial institutions interact with Ripple’s stablecoin and to reduce operational complexity.

In parallel, BNY and Cross River have expanded stablecoin banking integrations, accelerating institutional adoption by strengthening banking rails and settlement support. Coinbase has also broadened RLUSD access across trading and payments, allowing more users and institutions to transact with the stablecoin on its platform.

The developments reflect a growing push toward stablecoin adoption among traditional banks and digital asset platforms, with Ripple positioning RLUSD as a key instrument for institutional payments, liquidity, and settlement.

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