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Ripple expands RLUSD stablecoin with API minting as banks integrate blockchain payments

10 Nov 2026, 18:17 WIB
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Bullish
Ripple expands RLUSD stablecoin with API minting as banks integrate blockchain payments

Ripple has enhanced its institutional stablecoin business by launching Ripple Mint, a platform that automates the issuance and redemption of Ripple USD (RLUSD) via APIs. This allows banks and fintechs to integrate RLUSD into their payment and treasury systems more efficiently. Recent partnerships with BNY Mellon, Cross River Bank, and Coinbase expand RLUSD's reach, enabling blockchain-based settlement and custody services within traditional banking infrastructure. These developments signal growing adoption of stablecoins in mainstream finance and open new channels for institutional digital asset management.

As of Nov 10, 2026 23:32 WIB, XRP on Pluang trades at Rp18.924, down 4.96% in the last day. Despite the recent news of Ripple expanding its stablecoin capabilities, XRP's market cap stands at Rp1.203,35 trillion with a 24-hour trading volume of Rp44,51 trillion. The platform shows a balanced order activity with 54% buying interest and a typical hold time of 73 days, indicating steady investor engagement.

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