RLUSD integrated into Ripple Payments
zerpie@zerpie
203 Posts
#1 · April 16, 2025, 4:04 am
Quote from zerpie on April 16, 2025, 4:04 amRipple announces the integration of RLUSD, its USD-backed stablecoin, into Ripple Payments, aiming to facilitate faster and cheaper cross-border transactions with a focus on institutional-grade compliance, leveraging blockchain for real-time settlements.RLUSD, issued by Standard Custody & Trust Company under a New York Limited Purpose Trust Charter, is 100 percent backed by U.S. dollar deposits and government bonds, with monthly audits by BPM, ensuring transparency and trust for enterprise use.Ripple’s move aligns with the growing stablecoin market, which surpassed $210 billion in 2025, processing $7 trillion in fiat-backed transactions in 2022, outpacing Mastercard and PayPal, highlighting stablecoins’ rising role in global finance.
Ripple announces the integration of RLUSD, its USD-backed stablecoin, into Ripple Payments, aiming to facilitate faster and cheaper cross-border transactions with a focus on institutional-grade compliance, leveraging blockchain for real-time settlements.
RLUSD, issued by Standard Custody & Trust Company under a New York Limited Purpose Trust Charter, is 100 percent backed by U.S. dollar deposits and government bonds, with monthly audits by BPM, ensuring transparency and trust for enterprise use.
Ripple’s move aligns with the growing stablecoin market, which surpassed $210 billion in 2025, processing $7 trillion in fiat-backed transactions in 2022, outpacing Mastercard and PayPal, highlighting stablecoins’ rising role in global finance.
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Last edited on April 16, 2025, 4:06 am by zerpie