Ripple has launched Ripple Mint, a unified platform enabling institutions to access, mint, redeem and manage its US dollar-pegged stablecoin RLUSD. The platform offers both a web interface and API integrations for manual operations or automated workflows. RLUSD, which launched in December 2024, has reached a market capitalization near $1.6 billion, ranking as the ninth-largest USD-pegged stablecoin. The token reached its all-time high of $1.8 billion on June 1, 2026, with a brief surge around the launch announcement from approximately $1.54 billion to $1.64 billion before settling near $1.59 billion.
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