3 min read
Apr 15, 2025
Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System
TL;DR
Ripple has integrated its stablecoin, RLUSD, into its cross-border payments network to boost speed, efficiency, and compliance for enterprise use.
Since its December 2024 launch, RLUSD has grown to nearly $250M in market cap, exceeding growth expectations.
Select partners like BKK Forex and iSend are already using RLUSD to streamline treasury and payment operations, with broader rollout planned.
RLUSD reflects the growing mainstream utility of stablecoins in payments, treasury, and as collateral across both crypto and traditional markets.
Ripple recently announced it has integrated its dollar-denominated stablecoin, RLUSD, into its cross-border payments solution. Unlike other stablecoins primarily designed for retail use, Ripple says RLUSD has built-in global enterprise utility that improves both the speed and efficiency of cross-border payments.
"Ripple is combining years of expertise in payments, an extensive payout network with near-global coverage, and a high-quality stablecoin built with compliance at its core, to provide fast, low-cost and scalable cross-border payments,” their April 3 press release said.
Launched in December 2024, RLUSD has exceeded the company’s growth projections, quickly growing to a market capitalization of close to $250 million since its inception.
Ripple’s release specified that this latest functionality has been extended to select customers, including cross-border payment providers BKK Forex and iSend to improve their cross-border treasury operations. However, the company aims to expand the use of RLUSD for their payments customers in the future.
Stablecoins are seeing increasing mainstream adoption because they offer key benefits, with use cases including:
Facilitating the instant settlement of cross-border payments
Improving treasury operations and
Providing a reliable bridge between traditional fiat currencies and the crypto ecosystem
“We're seeing the market cap continue to grow, outpacing our internal projections… RLUSD is being used for a number of use cases, including use as collateral in both crypto and tradfi trading markets,” said Jack McDonald, SVP of Stablecoins at Ripple.
“We’re additionally excited to enable RLUSD in Ripple Payments, extending the breadth of stablecoins available in our cross-border payments solution.”
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