Share this article
Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System
Ripple USD's market cap reached $244 million since its December debut, growing 87% over the past month.
Apr 2, 2025, 3:17 p.m.
What to know:
- Ripple has integrated its stablecoin, RLUSD, into its cross-border payments system called Ripple Payments.
- Stablecoins are a rapidly growing asset class. Ripple entered the increasingly competitive market in December after gaining regulatory approval by NYDFS.
- RLUSD's growth is "outpacing our internal projections" and the company is collaborating with NGOs to explore stablecoins for aid distribution, Ripple's stablecoin head Jack McDonald said.
Ripple, an enterprise-focused blockchain service closely tied to the XRP Ledger (XRP), said on Wednesday it has integrated its stablecoin to the company's cross-border payments system to boost adoption for .
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Select Ripple Payments customers including cross-border payment providers BKK Forex and iSend are already using the stablecoin to improve their treasury operations, the company said. Ripple plans to further expand the token's availability of its token to payments customers.
Additionally, crypto exchange Kraken added RLUSD to its platform, following recent listings on LMAX and Bitstamp.
Ripple entered the rapidly growing stablecoin market with its short-term U.S. government bond-backed cryptocurrency after receiving regulatory approval from the New York New York Department of Financial Services in December.
Since then, RLUSD reached a $244 million market capitalization, growing 87% over the past month and reaching a monthly transfer volume of $860 million, rwa.xyz data shows.
Jack McDonald, Ripple's senior vice president of stablecoins, said in a statement that RLUSD's growth is "outpacing our internal projections" with adoption spanning multiple financial sectors. Ripple is also working with NGOs exploring stablecoins for more efficient aid distribution, he added.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index
The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.
What to know:
- Strategy (MSTR) will remain in the Nasdaq 100 index despite a major reshuffle, which saw several household names dropped.
- The firm's business model, which involves stockpiling bitcoin, has drawn criticism from analysts and index providers, with MSCI considering excluding crypto treasury companies from its benchmarks.
- The Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but Strategy's bitcoin-heavy strategy secured its spot.
Top Stories
