Ripple integrates RLUSD into payment platforms to expand its utility

Ripple has integrated USD-backed Stablecoin and RLUSD into its flagship payments platform, Ripple Payments.

According to a note shared with Crypto.news, Ripple (XRP) is doing this.

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

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Cross-border payments

Ripple Payments handles billions of dollars of transactions and adds RLUSD to enhance cross-border capabilities.

RLUSD is already used by some payment providers, including BKK Forex and ISEND, and optimizes the Ministry of Finance’s operations and settlement process.

Ripple plans to leverage the Global Payout Network to expand the role of RLUSD in payments over time. Unlike many Stablecoins designed for retail use, RLUSD is tailored to enterprise applications to ensure compliance and liquidity for businesses engaged in global transactions.

Jack McDonald, Ripple’s Svp of Stablecoins, highlighted the rapid growth of RLUSD, noting that it is increasingly used as collateral in both crypto and traditional financial markets.

“The new exchange is continuing to list RLUSD and is actively working with NGOs to streamline Giving through Stablecoins,” McDonald said.

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Kraken’s rlusd

RLUSD continues to gain traction in major crypto exchanges. Following availability on LMAX Digital, Zero Hash, Bitstamp and Bullish, Stablecoin is listed on Kraken, increasing access to retail and institutional users.

Designed for enterprise-grade financial applications, RLUSD enables instant cross-border settlements, supports remittance liquidity, integrates with the Defi protocol, and acts as collateral for trading tokenized real-world assets.