Ripple’s New Breakthrough: RLUSD Integration for Cross Border Payments!

Updated
April 4, 2025
Gambar Ripple’s New Breakthrough: RLUSD Integration for Cross Border Payments!

Jakarta, Pintu News – Ripple, the blockchain-based payments company, has integrated its US dollar-backed stablecoin, RLUSD, into its main payments platform, Ripple Payments.

This move is expected to improve the efficiency of cross-border payments and expand the use of RLUSD among financial institutions.

Since its launch in December 2024, RLUSD has reached a market capitalization of $250 million with a total trading volume of $10 billion.

Check out the full news below!

RLUSD Integration and Adoption

The integration of RLUSD into Ripple Payments enables multi-billion-dollar transactions and strengthens cross-border payment capabilities. RLUSD has been used by select payment providers such as BKK Forex and iSend to optimize their financial operations and settlement processes.

With the support of Ripple’s global payments network, plans to expand RLUSD’s role in payments will continue to grow. RLUSD is specifically designed for enterprise applications, not retail use, ensuring compliance and liquidity for businesses involved in global transactions.

Jack McDonald, Ripple’s Senior Vice President for Stablecoins, emphasized the rapid growth of RLUSD, which is increasingly being used as collateral in crypto and traditional financial markets.

Read also: National Cryptocurrency Association Survey: 21% of US Citizens Now Use Crypto!

Expansion and Compliance

RLUSD continues to gain traction on leading crypto exchanges. After being available on LMAX Digital, Zero Hash, Bitstamp, and Bullish, the stablecoin is now also listed on Kraken, expanding access for both retail and institutional users.

RLUSD enables instant cross-border settlement, supports liquidity for remittances, integrates with DeFi protocols, and serves as collateral for trading tokenized real-world assets. With the backing of a New York-regulated trust, RLUSD offers the necessary compliance for crypto-suspicion compliance teams.

With McKinsey estimating the cross-border payments market at $150 trillion annually, Ripple sees RLUSD as the key to entering the tight correspondent banking system.

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Impact on Financial Ecosystem

Since its debut, RLUSD has shown steady growth with a market value approaching $250 million and a trading volume reaching $10 billion. Its availability on major trading platforms has expanded its reach.

Jack McDonald stated that the market capitalization continues to grow, surpassing internal projections. RLUSD is used for various use cases, including as collateral in crypto and traditional trading markets.

Ripple is also experimenting with NGO collaborations to see how stablecoins can speed up and simplify the distribution of charitable funds while remaining transparent. RLUSD is not just about transactions but also about streamlining fiat-to-crypto conversions for merchants, making remittance settlements instantaneous, and playing an important role in the growing tokenized asset space.

Conclusion

With the integration of RLUSD, Ripple is improving the efficiency of cross-border payments and setting new standards in the use of stablecoins in the financial sector. Going forward, RLUSD is expected to become a global payment tool that supports financial transactions and strengthens trust in digital currencies.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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