Crypto Sensei’s latest video argues that Ripple’s new institutional tooling could deepen RLUSD’s role in tokenized finance, particularly as BNY Mellon advances an “always-on” vision for treasury markets. The central development is Ripple Mint, a platform designed to let institutions mint, redeem, bridge and manage RLUSD through either a user interface or API connections.
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The host frames the launch as a step toward the infrastructure large financial firms require: automated workflows, real-time transaction visibility and integration with existing treasury systems. Ripple said existing RLUSD users can access the platform immediately, according to the video.
RLUSD’s BNY Mellon Link Takes On Great Importance
Ripple Mint arrives against the backdrop of BNY Mellon’s role as custodian for RLUSD reserves. The video says BNY provides custody for the stablecoin’s cash and Treasury-backed reserves and is involved in digital-asset settlement infrastructure, placing the bank’s institutional network close to Ripple’s stablecoin strategy.
BNY Mellon reportedly touches more than 20% of global investable assets through its custody and administration businesses. The host cites a figure of roughly $54 trillion in assets under custody or administration, though the video also references older reporting with different totals.
The broader point is that tokenized Treasury settlement remains small relative to traditional markets: U.S. Treasuries exceed $30 trillion, while tokenized Treasury products were cited at about $7.4 billion.
“The always-on push” is about making Treasury, credit and collateral markets available around the clock, the host said. In that model, RLUSD could serve as cash-like settlement liquidity for tokenized funds and Treasury products rather than simply another exchange-traded stablecoin.
XRP As Collateral & ETF Flows Add Another Layer
Crypto Sensei also highlighted claims that Ripple Prime has begun issuing depository receipts backed by XRP. The structure, as described in the video, would allow institutions to post XRP as collateral, receive dollar-denominated credit and potentially trade products such as CME futures without selling their underlying tokens.
That remains significant because some institutional desks may be restricted from holding crypto directly. A receipt representing XRP held in custody could function more like a conventional finance instrument on a portfolio system, although the video did not provide detailed documentation on the program’s scale or counterparties.
Crypto Sensei further pointed to growing U.S. XRP ETF exposure, saying spot XRP ETFs were approaching $1 billion in assets and were roughly 23 million XRP short of that milestone.
The YouTube video cited holdings disclosures from firms including UBS, Brookstone, Gallagher and Morgan Stanley, while noting that reported positions ranged from relatively modest allocations to tens of millions of dollars.
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