Ripple Adds API-Based RLUSD Minting for Institutional Treasury Teams
Ripple has introduced an API and web interface for institutions to mint, redeem and manage RLUSD.
Ripple has introduced an API and web interface for institutions to mint, redeem and manage RLUSD. Ripple USD (RLUSD) is trading at $1.00. This is an original TLT brief based on reporting by Blockonomi, with live market data added, as of Tue, 10 Nov 2026 16:30:05 UTC.
The tooling gives institutional treasury teams direct control over RLUSD issuance and redemption through programmable infrastructure, potentially connecting stablecoin liquidity with day-to-day cash operations.
- Ripple Mint launched on July 23 with API and web-based access.
- Institutions can mint, redeem and manage RLUSD through the platform.
- RLUSD supply stands at $2.7 billion, according to DeFiLlama.
- The token trades near parity with the dollar amid a fearful broader market.
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- Ripple Adds API-Based RLUSD Minting for Institutional Treasury Teams — this brief
Ripple launched Ripple Mint on July 23, giving institutions API and web-interface access to mint, redeem and manage RLUSD. Blockonomi reports that the product is intended for institutional treasury operations, extending the stablecoin’s management capabilities beyond routine transfers and holdings.
The launch followed changes in RLUSD’s reported market capitalization. Blockonomi said the figure increased from $1.54 billion to $1.64 billion around the release before settling near $1.59 billion. It also reported that RLUSD reached an all-time high above $1.8 billion on June 1. The outlet did not provide a broader measure of institutional adoption or identify participating treasury teams.
Live on-chain data from DeFiLlama shows RLUSD circulating supply at $2.7 billion, substantially above the historical market-cap figures cited around Ripple Mint’s launch. The current market-data snapshot also values RLUSD at $2.7 billion, with the token priced at $0.99998 and changing by 0.01% over both 24 hours and seven days.
The broader crypto market is comparatively subdued: total capitalization stands at $2.54 trillion,
Bitcoin is down 0.06% over 24 hours, and the Fear & Greed index is at 32, indicating fear. RLUSD’s proximity to one dollar contrasts with that cautious backdrop. For institutional users, the relevant indicators to monitor are supply growth, usage of the new API and web tools, and whether the stablecoin remains close to its dollar peg as treasury adoption develops.
Since this brief published about 6 hours ago, Ripple USD (RLUSD) has moved from $1.00 to $1.00 — +0.00%.
The chart plots RLUSD's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 RLUSD ≈ ₦1,384.28 (about $1.00), down 0.0% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 10, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple Adds API-Based RLUSD Minting for Institutional Treasu — questions & answers
What is Ripple Mint used for?
It gives institutions API and web-interface access to mint, redeem and manage RLUSD as part of their treasury operations.
How large is RLUSD’s current supply?
DeFiLlama’s live on-chain data puts RLUSD circulating supply at $2.7 billion, matching the supplied live market-cap figure.
Is RLUSD holding its dollar peg?
RLUSD is priced at $0.99998, with changes of 0.01% over both 24 hours and seven days.
How much is 1 Ripple USD worth in naira today?
About ₦1,384.28 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.00. The naira price moves with both RLUSD's US-dollar price and the USDT/NGN rate; use our Ripple USD in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.
