RLUSD | Crypto

Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation.

XRP holders can now borrow RLUSD against their coins on Ethereum without selling, through a $280 million vault that had never accepted an XRP-linked asset before.

Ripple launches Mint to expand RLUSD access for institutions as the stablecoin’s market cap approaches $1.6 billion. Ripple, a blockchain-focused fintech company, has launched Ripple Mint, a platform that gives institutions new ways to access, mint, redeem and manage its US dollar-pegged stablecoin, Ripple USD (RLUSD). The company announced Ripple Mint on Thursday, describing it as a unified platform that lets institutions manage RLUSD through a web interface or direct application programming interface (API) integrations. “Ripple Mint is built to give institutions flexible access to digital dollars through the workflows that fit their needs,” Ripple said, adding that the platform is designed to support both manual operations and automated integrations as institutions adopt stablecoins for payments, trading and treasury activities. Read more

Ripple launched an institutional minting platform and added RLUSD to Notabene’s compliance network as holder growth rose but monthly transfer volume fell to $10.95 billion.

Stablecoin supply on the XRP Ledger has climbed to nearly $890 million, up 20.56% over the past 30 days. Ripple's RLUSD explains almost all of that size, and a second dollar token is reshaping who issues XRPL's dollars: Valtorum's USDV, now at $39.3 million. RLUSD accounts for $844.58 million of that total (94.9%), USDV holds […] The post XRPL stablecoins surge to $900M, but the breakout trend is not RLUSD appeared first on CryptoSlate.

Ripple and SBI announced the official launch of RLUSD in Japan on June 24, following JFSA approval, with the stablecoin available to institutional and retail users through SBI VC Trade. Ripple categorized RLUSD under Japan's Payment Services Act as a new type of electronic payment instrument for foreign-issued stablecoins, the first time the company has […] The post Ripple got RLUSD into Japan, now the stablecoin race begins as Circle and Nomura join appeared first on CryptoSlate.

Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.

Ripple is pursuing a coordinated expansion of its stablecoin infrastructure across Europe and Africa, combining a strategic investment in payments company Flutterwave with preliminary regulatory approval in the European Union to widen the reach of its digital-asset services. The dual-track strategy targets high-volume cross-border payment and remittance corridors in sub-Saharan Africa while giving Ripple a […] The post Ripple gives RLUSD a MiCA foothold in Europe and route into African payments – but is volume there? appeared first on CryptoSlate.

The XRPL AI Starter Kit gives developers tools for agent payments, but early x402 activity has clustered on Base and Solana. Ripple’s bet is that XRPL’s speed, low fees and RLUSD can win a piece of that flow.

The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains. Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins.  On Wednesday, Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and onchain settlement through regulated stablecoins. The company said the new options are designed to give its partners more flexibility in managing settlement liquidity and timing.  The expansion shows stablecoins moving deeper into mainstream financial infrastructure as major payments networks test tokenized dollars for settlement. It follows Mastercard securing a New York BitLicense in May, allowing its US transaction services unit to conduct regulated digital asset business activity in the state.  Read more

Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings. On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin, […] The post Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market appeared first on CryptoSlate.

Ripple joined the Monetary Authority of Singapore’s BLOOM initiative with Unloq to test RLUSD and XRPL for programmable cross-border trade settlement in Singapore. Financial technology company Ripple said Wednesday it had joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative with supply chain finance technology firm Unloq to test programmable cross-border trade settlement using the XRP Ledger and Ripple USD. The pilot will use Unloq’s SC+ smart-contract-driven trade finance infrastructure, which integrates trade obligations, settlement conditions and financing workflow into a single execution layer. The pilot will also utilize Ripple’s XRP Ledger (XRPL) and its stablecoin designed for enterprise use cases, Ripple USD (RLUSD), the announcement states. MAS launched BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, in October 2025 to extend settlement capabilities using tokenized bank liabilities and regulated stablecoins. Read more

On Feb. 25, t54 Labs announced that Ripple was a strategic investor in its $5 million seed round investment. t54 describes itself as the trust layer for the fast-rising agentic economy. The latest artificial intelligence move is small in dollar terms, but larger in what it signals about where Ripple sees the next fight in […] The post XRPL could capture billions in machine payments but only if AI agents choose RLUSD appeared first on CryptoSlate.

Binance, the largest crypto exchange by trading volume, has listed Ripple's RLUSD stablecoin on its platform. On Jan. 21, the exchange announced that it would open spot trading pairs, including RLUSD/USDT, RLUSD/U, and XRP/RLUSD, on Jan. 22 by 8 AM UTC. Critically, Binance will initiate trading on the RLUSD/USDT and RLUSD/U pairs with zero fees […] The post Ripple’s RLUSD just got Binance’s strongest growth lever, can that catapult it into a top 3 asset? appeared first on CryptoSlate.

Ripple’s RLUSD stablecoin is rapidly expanding on Ethereum rather than the company’s native XRP Ledger (XRPL). According to CryptoSlate data, RLUSD’s total circulating supply has surged to $1.26 billion within 12 months of its launch. Of this, roughly $1.03 billion, or 82% of the total supply, resides on Ethereum, while the $235 million balance is on […] The post RLUSD supply hit $1.26B, and 82% of it now sits on Ethereum, not XRPL appeared first on CryptoSlate.

Ripple’s dollar-backed stablecoin secures a major regulatory win as Abu Dhabi allows licensed firms to use RLUSD inside its international financial center. Ripple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token by the local watchdog. In a Thursday announcement, Ripple said the approval allows regulated firms to deploy Ripple USD (RLUSD) inside the Abu Dhabi Global Market’s (ADGM) financial zone,  an international financial center and free zone located on Al Maryah and Al Reem Islands in Abu Dhabi. “With a market capitalization of over $1 billion and growing adoption in core financial uses like collateral and payments, RLUSD is quickly becoming a go-to USD stablecoin for major institutions,” said Jack McDonald, senior vice president of stablecoins at Ripple. Read more

The pilot, unveiled at Swell 2025, positions regulated stablecoins like RLUSD as fast, compliant rails for fiat card payments.

For years, Ripple was best known for its legal battles and its token, XRP, which was a symbol of crypto’s friction with the traditional financial world. Now, after years of courtroom and regulatory turbulence, Ripple has quietly built something far more ambitious: a full-stack institutional financial platform that resembles a 21st-century investment bank, albeit without […] The post How XRP and RLUSD are making Ripple the JPMorgan of the crypto industry appeared first on CryptoSlate.

Ripple’s US dollar-pegged RLUSD has entered the top 10 stablecoins by market cap, reaching $1 billion less than a year after launch. Ripple USD, a stablecoin created by XRP issuer Ripple, has surpassed $1 billion market capitalization, marking a significant milestone less than a year after its launch. Officially launched in December 2024, the Ripple USD (RLUSD) stablecoin has achieved a remarkable 1,278% year-to-date growth in market capitalization. The stablecoin first broke through the $1 billion mark on Monday, just a few days after reaching $900 million on Oct. 24, according to CoinGecko data. Read more

Ripple’s $1 billion acquisition of GTreasury marks a new step in its corporate expansion and a direct challenge to the stablecoin distribution problem. While Ripple USD (RLUSD) has shown an impressive 987% growth since its December 2024 launch, reaching a supply of $839.9 million, it still captures only 0.27% of the $301.9 billion stablecoin market. […] The post Ripple’s $1 billion purchase creates RLUSD pathway into Fortune 500 treasuries appeared first on CryptoSlate.