Ripple’s RLUSD gets two boosts as transfer volume drops 25%

FinanceRipple’s RLUSD gets two boosts as transfer volume drops 25%Ripple launched an institutional minting platform and added RLUSD to Notabene’s compliance network as holder growth rose but monthly transfer volume fell to $10.95 billion.By Shaurya Malwa|Edited by Omkar Godbole Jul 24, 2026, 6:33 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowRipple launched Ripple Mint, an automated platform for institutions to create, redeem, bridge and track its dollar-backed RLUSD stablecoin, and expanded the token to additional networks including the XRPL EVM sidechain, Base, Optimism, Ink and Unichain.The company also made a strategic investment in compliance network Notabene, integrating RLUSD into its business-payments platform to encourage institutional use of the token for real transaction volume.RLUSD now has a market value of about $1.5 billion with supply split between the XRP Ledger and Ethereum, but despite rising holder counts and active addresses, its market cap and monthly transfer volume have declined, suggesting it is being held more than used.Fintech firm Ripple made two moves on Thursday aimed at growing its dollar-backed stablecoin, RLUSD, in a month when transfer volume across the token has dropped by 25%.The first is Ripple Mint, a platform that lets institutional customers create, redeem, bridge and track RLUSD through a web dashboard or direct integration.Until now, minting RLUSD — the process of issuing new tokens when a customer deposits dollars — generally meant arranging it directly with Ripple and waiting on a manual issuance process. The APIs let a firm trigger minting and redemption automatically from its own systems and track each transaction from dollar transfer to onchain settlement.Ripple has also been extending RLUSD beyond the XRP Ledger and Ethereum onto the XRPL EVM sidechain, Base, Optimism, Ink and Unichain, widening the number of networks where the tok…

Ripple’s RLUSD gets two boosts as transfer volume drops 25%

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