XRP News: Ripple Integrates RLUSD as Kraken Lists Stablecoin for Global Payments

RLUSD

Getting your Trinity Audio player ready...

Ripple has officially integrated its US-pegged stablecoin, RLUSD, into its enterprise-grade cross-border payments platform. This strategic move enhances Ripple’s global payment infrastructure, offering increased efficiency and scalability for international transactions.

The integration aligns with RLUSD’s recent listing on Kraken, expanding its accessibility to institutional and retail investors. With this development, RLUSD is poised for broader adoption across Ripple’s extensive network, which connects over 90 payout markets, including banks, financial institutions, and payment service providers.

Ripple emphasized RLUSD’s role in the evolving stablecoin sector, stating, “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.”

RLUSD’s Market Expansion and Growth Trajectory

Since its rollout in December 2024, RLUSD has seen rapid growth, with its market cap surging to nearly $200 million by March, according to data from Artemis. Designed to support enterprise payments, asset tokenization, and decentralized finance (DeFi) applications, RLUSD is becoming a key player in the digital asset ecosystem.

The stablecoin’s listing on Kraken is expected to boost liquidity and trading volume, further cementing its role in the broader cryptocurrency market. Analysts believe RLUSD’s growing presence could drive competition within the stablecoin sector, challenging dominant players such as Tether (USDT) and USD Coin (USDC).

The Future of Stablecoins in Finance

Ripple’s move comes amid increasing interest in stablecoins, with industry leaders, including Binance’s Changpeng Zhao (CZ), discussing the competitive landscape. As regulatory frameworks evolve, experts predict that traditional banks may enter the stablecoin market, contributing to the sector’s rapid expansion.

By integrating RLUSD into its cross-border payment network, Ripple is reinforcing its position at the forefront of blockchain-based financial solutions. With stablecoins playing a crucial role in bridging traditional finance and decentralized ecosystems, RLUSD’s adoption could mark a significant shift in the global payments landscape.

Also Read: Ripple USD (RLUSD) Sees $100M Surge, Poised to Challenge Major Stablecoins

As Ripple continues to expand its offerings, all eyes will be on RLUSD’s performance and its impact on the growing stablecoin economy.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.