Ripple Integrates RLUSD Stablecoin into Global Payments System

Ripple has taken a major step forward by incorporating its recently launched stablecoin, RLUSD, into its core cross-border payments platform, reports Finextra. Introduced in December, RLUSD is an enterprise-focused, USD-pegged stablecoin that has rapidly gained traction, reaching close to $250 million in market cap and $10 billion in trading volume.

"The adoption has exceeded our expectations," noted Jack McDonald, Ripple’s SVP of Stablecoins. "RLUSD is already being leveraged in both crypto and traditional finance markets as collateral, showing its wide-ranging utility."

Ripple says RLUSD is uniquely positioned among stablecoins. Unlike those created mainly for retail transactions, RLUSD is designed with global enterprises in mind—aiming to streamline and accelerate international payment workflows.

The stablecoin is now live within Ripple Payments and is actively used by select partners such as BKK Forex and iSend. These firms are tapping into RLUSD to enhance treasury operations and improve the overall efficiency of cross-border transactions. This update was curated by Finextra’s editorial team for its significance to the financial technology community.