- Ripple’s RLUSD approaches $900M in market cap with full reserve backing.
- Partnerships with Chipper Cash, VALR, and Yellow Card expand RLUSD across Africa.
- RLUSD powers blockchain-based insurance and real-time financial inclusion.
Ripple’s U.S. dollar-backed stablecoin, RLUSD, is rapidly gaining traction, closing in on a $900 million market capitalization. Backed by full reserves and verified through Ripple’s latest October attestation report, RLUSD is quickly becoming a core part of the company’s financial ecosystem — and now, it’s making waves in Africa.
Institutional Confidence and Global Reach
Ripple’s renewed commitment to blockchain innovation is evident through its $1.5 million allocation in University Blockchain Research Initiative (UBRI) grants, funded entirely in RLUSD. This move demonstrates Ripple’s long-term faith in its stablecoin and its role in advancing academic and technological progress.
$RLUSD October monthly independent attestation is live! Some recent updates:
— Jack McDonald (@_JackMcDonald_) October 29, 2025
• RLUSD is nearing $900M in market cap 🚀
• Funding over $1.5M in renewed UBRI grants entirely in Ripple USD
• @brale_xyz has integrated on XRP for stablecoin issuance. Now, businesses can issue…
At the same time, integrations with platforms like Brale, which simplifies stablecoin issuance for businesses on the XRP Ledger, and the acquisition of Hidden Road, now renamed Ripple Prime, have further strengthened RLUSD’s institutional foundation. Ripple Prime allows clients to hold and settle collateral directly in RLUSD, bridging the gap between traditional finance and digital assets.
RLUSD’s Entry Into Africa’s Financial Landscape
Ripple’s expansion into Africa marks a turning point for the continent’s financial systems. By partnering with Chipper Cash, VALR, and Yellow Card, Ripple is addressing long-standing issues like high remittance fees, unstable currencies, and limited banking access — challenges that have left 41% of Africans unbanked.
With RLUSD, individuals and businesses can now access a stable digital version of the U.S. dollar, completing payments in seconds rather than days. Exchanges like VALR, which boasts over 1.3 million users, have already integrated RLUSD to meet growing demand for trusted, regulated assets.
Also Read: XRP Price Jumps 11% as Whales Accumulate — Can Ripple Break the $3 Barrier?
Real-World Utility Beyond Payments
Ripple isn’t stopping at remittances. In Kenya, the company is working with Mercy Corps Ventures to use RLUSD in parametric insurance for farmers. When droughts or floods strike, smart contracts automatically send funds within hours using satellite data — replacing slow, traditional insurance processes with real-time blockchain efficiency.
Ripple’s RLUSD is proving to be more than another stablecoin — it’s a bridge between traditional finance and real-world impact. From institutional settlements to humanitarian innovation, RLUSD’s expansion shows how blockchain can drive practical, global change.
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.
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