🏦 Ripple Launches Institutional Mint Platform as RLUSD Volume Slides

🔹 New "Ripple Mint" platform gives institutions minting/redemption dashboard + API
🔹 Monthly transfer volume dropped 25% from $14.6B to $11B despite platform boost
🔹 Market cap steady at $1.5-1.6B, ranking among top 10 stablecoins globally
🔹 Exclusive institutional model: only qualified entities can mint RLUSD, not retail

RLUSD distribution spans Ethereum (1.01B) and XRPL (225M). Lower transfer volumes suggest more holding vs active movement, normal for institutional adoption phase.

Infrastructure first, usage follows! 🔧

[CoinDesk] [CoinTelegraph]

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@money 🔥✨⭐🚀