Massive XRP Bump Incoming As RLUSD Could Be Ripple’s Biggest Play Yet in the Payments Game
2025-07-09 16:01:28
Main Idea
Ripple is expanding its global payments footprint with the launch of RLUSD, a U.S. dollar-pegged stablecoin, in collaboration with OpenPayd to streamline B2B payments and enhance cross-border settlements.
Key Points
1. Ripple's RLUSD stablecoin is designed to integrate with OpenPayd’s infrastructure to improve business-to-business payments with reduced fees and real-time transactions.
2. RLUSD will be available on the XRP Ledger and Ethereum, aiming to fill the stablecoin gap left by market leaders like Tether and Circle.
3. OpenPayd’s embedded finance platform will support RLUSD, offering clients global fund movement capabilities and addressing cross-border settlement challenges.
4. Ripple’s launch of RLUSD follows the conclusion of its legal battle with the U.S. SEC, signaling a strategic pivot beyond its XRP token.
5. RLUSD enters a competitive stablecoin market dominated by USDC and USDT, with Ripple leveraging its partnerships and infrastructure to capture market share.
Description
Ripple is expanding its footprint in global payments , and this time, it’s through RLUSD, a U.S. dollar-pegged stablecoin designed to reshape cross-border settlements. The company has confirmed a new partnership with London-based payments firm OpenPayd. Their collaboration aims to integrate RLUSD into OpenPayd’s infrastructure to streamline business-to-business payments. This development could mark a pivotal moment for Ripple in its ongoing effort to evolve beyond its native token XRP. Ripple’s ...
Latest News
- XRP Lawsuit: Here’s How The SEC vs Ripple Settlement Process is Going2025-07-09 20:13:05
- Institutional Adoption for Bitcoin as Treasury Asset is Off the Roof, and Here’s Exactly Why2025-07-09 19:52:11
- Powerful Ether, XRP, Cardano, Solana, Shiba Inu Altseason Likely to Take Hold In Q3 20252025-07-09 19:50:49
- Bitcoin May Not Close at $250,000 This Year, But this Analyst is Convinced BTC Can Hit These Levels2025-07-09 16:37:56
- Ripple Taps Banking Giant BNY Mellon To Secure Dollar Reserves For RLUSD As Market Cap Hits $500 Million2025-07-09 16:23:14