Key Takeaways
- • Ripple launched Ripple Mint on July 23, a platform letting institutions mint, redeem, and manage its USD-pegged stablecoin RLUSD via API or web interface.
- • RLUSD's market cap rose from $1.54 billion to $1.64 billion around the launch, then stabilized near $1.59 billion, below its $1.8 billion peak in June 2026.
- • RLUSD ranks as the ninth-largest USD stablecoin less than two years after its December 2024 launch, according to the primary source.
- • Ripple is expanding its regulatory reach in Europe through a MiCA license.
- • XRP traded at Rp19.506 on Pluang as of Nov 10, 2026, down 0.65% over the prior day, with 54% of orders on the buy side.
Summary
Ripple introduced Ripple Mint on July 23, a platform that allows institutions to mint, redeem and manage RLUSD, the company's US dollar-pegged stablecoin, through either an API or a web interface. According to the primary source, the platform offers flexibility across different institutional workflows, including payments, trading and treasury functions.
RLUSD's market capitalization rose from $1.54 billion to $1.64 billion around the launch, but later stabilized near $1.59 billion. That remains below the stablecoin's $1.8 billion peak in June 2026. The source ranks RLUSD as the ninth-largest USD stablecoin, less than two years after its December 2024 launch.
Ripple is also expanding its regulatory footprint in Europe through a MiCA license, according to the same report. The article did not provide further detail on the scope or timing of that license.
Separately, the article notes that XRP, Ripple's native token, traded at Rp19.506 on Pluang as of Nov 10, 2026, at 18:01 WIB, declining 0.65% over the prior day. Order flow on the platform was fairly balanced, with 54% of orders buying and 46% selling. The source also reports that typical holders keep their XRP for about 73 days, indicating moderate investor engagement.
RLUSD's market capitalization rose from $1.54 billion to $1.64 billion around the launch, but later stabilized near $1.59 billion. That remains below the stablecoin's $1.8 billion peak in June 2026. The source ranks RLUSD as the ninth-largest USD stablecoin, less than two years after its December 2024 launch.
Ripple is also expanding its regulatory footprint in Europe through a MiCA license, according to the same report. The article did not provide further detail on the scope or timing of that license.
Separately, the article notes that XRP, Ripple's native token, traded at Rp19.506 on Pluang as of Nov 10, 2026, at 18:01 WIB, declining 0.65% over the prior day. Order flow on the platform was fairly balanced, with 54% of orders buying and 46% selling. The source also reports that typical holders keep their XRP for about 73 days, indicating moderate investor engagement.
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