Ripple’s RLUSD gets two boosts as transfer volume drops 25%

Ripple launched Ripple Mint, a platform for institutions to create and manage its dollar-backed RLUSD stablecoin, and added RLUSD to Notabene's compliance network. Despite a 25% drop in monthly transfer volume to $10.95 billion, RLUSD's market value is about $1.5 billion with growing holder counts and active addresses.