Ripple boosts global payments with new RLUSD integration

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AMB Crypto 8 months ago 207

  • RLUSD ($1.00) integration and growth reflect Ripple’s push for global enterprise payment dominance.
  • Stablecoin competition intensifies as Ripple targets top-five status with $3 billion RLUSD market cap.

Ripple[XRP ($1.87)] Labs continues to make waves in digital finance by integrating its RLUSD stablecoin directly into Ripple Payments. Jack McDonald, CEO of Standard Custody, confirmed the rollout, stating,

“RLUSD is now integrated into Ripple Payments—our cross-border payments solution with near-global coverage through 90+ payout markets… Enterprise utility right out of the box.”

The integration of RLUSD establishes connections with a robust network of banks, financial institutions, and payment providers worldwide.

This stablecoin provides direct access to deep liquidity, enabling businesses to efficiently settle cross-border transactions.

Ripple’s launch of RLUSD goes beyond introducing a stablecoin—it sets the stage for scalable enterprise adoption. The company also announced plans to use RLUSD as collateral for tokenized assets and expand its application within DeFi protocols.

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