Ripple has integrated its enterprise-grade stablecoin, Ripple USD (RLUSD), into its flagship payments solution, Ripple Payments.
What sets RLUSD apart from many stablecoins is its focus on enterprise utility rather than retail use. This allows it to deliver improved speed and efficiency in global payments. Ripple’s extensive payout network with near-global coverage further. It will enhance the utility of RLUSD in the cross-border payment ecosystem.
The adoption of RLUSD is gaining momentum. Since its launch, the stablecoin has seen strong demand, with nearly $10 billion in trading volume and a market capitalization nearing $250 million.
Ripple is continuing to work with high-profile partners around the world to extend RLUSD’s availability, with exchanges like LMAX Digital, Bitstamp, Zero Hash, and Bullish already supporting it. Most recently, RLUSD became available on Kraken, one of the longest-standing crypto exchanges, broadening access to retail users.
“We’re seeing the market cap continue to grow, outpacing our internal projections,” said Jack McDonald, SVP of Stablecoins at Ripple. “In short order, RLUSD is being used for several use cases, including as collateral in both crypto and traditional finance markets. We’re also actively working with NGOs to streamline giving through stablecoins.” Ripple’s continued efforts to integrate RLUSD into Ripple Payments expand the variety of stablecoins available for cross-border payments, further cementing Ripple’s role as a leader in the financial infrastructure space.
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Stablecoins should be trusted, compliance-first, and built for real-world finance—RLUSD is setting the standard. Now live in Ripple Payments, RLUSD powers enterprise payments, asset tokenization & DeFi: on.ripple.com/42d5Z9F 📈 Nearing $250M market cap 📶 $10B+ in trading Show more
