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Ripple’s RLUSD Gets Two Boosts as Transfer Volume Drops 25%

  • Ripple launched Ripple Mint, a programmatic platform for institutions to mint and redeem Ripple USD through code, and made a strategic investment in compliance network Notabene to expand RLUSD adoption.
  • Notabene's chief executive, Pelle Braendgaard, said every institution has "moved past whether to use stablecoins" and is now focused on scaling safely through regulated on-chain transactions built around the Travel Rule.
  • Ripple Mint enables treasury teams to automate mint, redeem, and bridge operations through code, pulling balances and transaction status automatically while tracking every step with a single reference ID.
  • Ripple's investment integrates Ripple USD into Notabene Flow, connecting more than 2,300 institutions across over 100 jurisdictions handling over $2 trillion in annualized volume, while exploring integration with Ripple Payments.
  • USDC holds around $73 billion in supply versus RLUSD's roughly $1.6 billion, and sustained volume on the XRP Ledger remains essential to meaningfully impact XRP's burn rate and competitive positioning.
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Bitcoinist broke the news on Wednesday, July 22, 2026.
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