Ripple Strengthens RLUSD with Major Payments Integration

– Advertisement –

• Ripple has integrated its stablecoin, RLUSD, into Ripple Payments, expanding the platform’s digital asset solutions for banks and businesses
• The stablecoin nears $250M in market cap, with growing demand from financial institutions.  

Ripple, a top provider of digital asset solutions for banks and businesses, has added its stablecoin, RLUSD, to Ripple Payments. This move makes cross-border payments faster and cheaper for companies. Since its launch in late 2024, RLUSD has gained rapid adoption, with over $250 million in market value and $10 billion in trading volume.

Jack McDonald, Ripple’s SVP of Stablecoins, took to social media to make the announcement,

As promised, RLUSD is now integrated into Ripple Payments — our cross-border payments solution with near-global coverage through 90+ payout markets, and instant connections to banks, FIs, payment service providers, exchanges and many more around the world. Enterprise utility right out of the box. 

A Stablecoin Built for Businesses 

RLUSD is a USD-backed stablecoin designed for enterprises, not just retail users. It focuses on trust, compliance, and fast transactions. Unlike many stablecoins, RLUSD is built into Ripple’s global payment network, which already processes billions in transactions.

Key customers like BKK Forex and iSend are already using RLUSD for cross-border treasury operations. Over time, Ripple plans to expand its use for more payment providers.  

Growing Adoption and New Partnerships

Since launching in December 2024, RLUSD has grown rapidly, surpassing $250 million in market value and over $10 billion in trading. This shows a strong demand for a secure and trusted USD-backed stablecoin for businesses. Ripple is working with top partners worldwide to make RLUSD more widely available.

It is already supported by platforms like LMAX Digital, Zero Hash, Bitstamp, and Bullish. Now, it’s also available on Kraken, one of the oldest crypto exchanges, making it easier for everyday users to access.

Jack McDonald said,

We’re seeing the market cap continue to grow, outpacing our internal projections. In short order, RLUSD is being used for a number of use cases, including use as collateral in both crypto and trading markets. New exchanges are listing RLUSD on an ongoing basis and we’re actively working with NGOs who see the opportunity to streamline giving through stablecoins.

Why RLUSD Stands Out 

RLUSD is great for different financial needs, helping businesses settle cross-border payments instantly and get liquidity for remittances and treasury operations. It easily connects with decentralized finance (DeFi) platforms, making it useful for modern financial services.

RLUSD also acts as a bridge between regular money and cryptocurrency, making it simple to move funds in and out of the crypto world. Additionally, it can be used as collateral for trading real-world assets like commodities, securities, and treasuries on blockchain networks.

Backed by Ripple’s strong regulatory compliance and New York trust charter, RLUSD is setting a new standard for stablecoins in finance.