rlusd

According to The Block, brokerage service provider DriveWealth has partnered with Ripple to integrate its stablecoin settlement, cross-border payment, and digital asset custody services into its brokerage platform.The two parties will initially launch settlement operations in Europe and plan to expand the service scope to the United States. This integration will utilize the Ripple RLUSD stablecoin on the XRP Ledger, allowing DriveWealth customers to use a stablecoin that can be converted to fiat currency almost in real-time for collateral account funding and management. Additionally, both parties are exploring opportunities for equity financing through Ripple Prime.

The institutional settlement network Lynq, aimed at the digital asset market, and the stablecoin clearinghouse The Better Money Company (TBMC) announced the completion of a real-time proof of concept, demonstrating that institutional settlements can be completed in minutes. This proof of concept is part of the first phase of collaboration between the two parties, utilizing a pre-funded process to complete stablecoin settlements on Lynq.In the proof of concept, TBMC converted assets deposited by clients on Lynq into RLUSD, with settlements completed in minutes. The validation used real production accounts and real institutional counterparties, bypassing traditional banking windows during the settlement process. Interest continued to accrue on the assets during the settlement holding period, calculated using Tassat's Yield in Transit feature, determining accrued interest based on the duration of asset holdings.TBMC founder and CEO Sam Broner stated: "For stablecoins to become meaningful institutional infrastructure, they need to enter real settlement processes; this validation shows that stablecoin fragmentation can be handled through on-chain collateral transfer without relying on credit and traditional banking settlements for connection." Lynq CEO Jerald David remarked: "Institutions are not lacking in capital; what they lack is the ability to move funds to the right place in the right form when needed; this validation was intentionally kept small in scale, but it shows that digital dollars can settle between institutions in minutes, without substituting speed with credit convenience." Lynq stated that the platform's native stablecoin support is currently targeted for the end of 2026.

Standard Chartered Bank announced that it has launched institutional custody services for Ripple's stablecoin RLUSD through its Dubai International Financial Centre branch, supporting the operation of this stablecoin on the XRP Ledger, allowing qualified institutional clients to use its digital asset custody infrastructure.Standard Chartered plans to extend the collateral mirroring model to institutional trading company LMAX Group, allowing clients to use RLUSD as trading collateral while the tokens remain held in the bank's custody. This model enables LMAX to confirm the value of qualified RLUSD holdings without requiring clients to transfer tokens, which Standard Chartered claims reduces transfer-related risks and helps institutions manage counterparty exposure.The issuer of RLUSD, Ripple, and LMAX Group announced a partnership in January 2026 to expand the institutional use of this stablecoin. Standard Chartered stated that the new collateral functionality still needs to meet conditions such as final documentation, testing, regulatory requirements, and internal approvals.

On October 8, the XRP Ledger activated the PermissionDelegationV1_1 feature, allowing account owners to authorize other accounts to perform specific tasks without relinquishing control of the account's master key. According to the monitoring site XRPL Dashboard, such upgrades require over 80% support from trusted validators for two consecutive weeks; based on the current 35 validators, at least 29 must support it. The countdown for this feature was reset in September due to the support rate falling below the threshold.This feature allows enterprises to split permissions by function. Stablecoin issuers can authorize compliant accounts to approve new customers while keeping the master key offline. Authorized accounts use their own keys to sign and can only perform the granted operations; owners can change or revoke these permissions at any time. Each authorized account can receive up to 10 permissions, which limit the types of operations they can perform, rather than automatically setting spending limits. Banks have previously separated payment and compliance responsibilities at the employee level, and this upgrade enforces such division at the ledger level.According to a report shared by Evernorth, a subsidiary of XRP Treasury, the network held an average of $3.72 billion in tokenized assets and $539 million in Ripple's RLUSD stablecoin in the second quarter, totaling approximately $4.26 billion. Official guidance advises users not to delegate PaymentBurn permissions before separately fixing activation; this permission is intended for assistants to destroy tokens but, under certain conditions, also allows for the creation of new tokens. This warning pertains to tokens issued on the ledger rather than newly minted XRP.

According to research data from CoinDesk, the market capitalization of Ripple's USD stablecoin RLUSD reached $2.37 billion in September 2026.Data shows that in June of this year, the supply of RLUSD on the XRP Ledger (XRPL) network surpassed that on Ethereum for the first time, accounting for 52% of the total supply, while Ethereum's network accounted for 48%. This change indicates that the liquidity of RLUSD is increasingly shifting towards Ripple's native settlement infrastructure, XRPL.

According to the official announcement, the Binance Futures platform will launch the USDBRLUSDT USDT-denominated perpetual contract on September 21 at 22:00, with a maximum leverage of up to 100 times.

According to Bitcoin.com News, the supply of Ripple's stablecoin RLUSD reached a historical high of $2.442 billion this week, an increase of about 41% compared to $1.72 billion a month ago.It is worth noting that the new supply mainly flowed into Ethereum rather than XRP Ledger—Ethereum currently holds $1.37 billion, while XRP Ledger holds $1.05 billion, completely reversing the pattern from July when XRP Ledger accounted for 58.9%. Since July, Ethereum has absorbed the vast majority of the approximately $840 million in new supply.

Jack McDonald, Senior Vice President of Ripple Stablecoin, stated in an interview with CoinDesk that corporate treasuries represent a significant growth opportunity for the RLUSD stablecoin, with Ripple Treasury clients processing approximately $13 trillion in transactions annually. This business is built on Ripple's acquisition of financial management software provider GTreasury for $1 billion last year, providing Ripple with a vast customer pool of around 1,200 corporate treasurers and CFOs who transfer funds across borders, between subsidiaries, and domestically.McDonald pointed out that the circulating supply of RLUSD has increased by over 50% in the past month, reaching $2.4 billion, with about $1 billion on the XRP Ledger and $1.4 billion on Ethereum. However, he emphasized that he values the token's utility and daily activity more than its market capitalization, noting that RLUSD's daily active volume has more than doubled since the beginning of the year, rising from about $200 million last month to approximately $750 million. Payments and capital markets are currently the two main application areas, and Ripple has collaborated with institutions such as Franklin Templeton and DBS in tokenized money market funds and lending.In the European market, Ripple plans to introduce RLUSD locally through a dual issuance structure compliant with the EU MiCA framework and has already obtained regulatory authorization in Luxembourg.

According to CoinDesk, Ripple's stablecoin RLUSD has surpassed a market capitalization of $2 billion, becoming one of the fastest-growing projects in the stablecoin market. Data shows that the total issuance of RLUSD is currently around $2 billion, with approximately $963 million deployed on the XRP Ledger and about $1.1 billion issued on the Ethereum network.Ripple previously stated that RLUSD will combine with its global payment network to provide more efficient on-chain liquidity solutions for businesses and financial institutions.

According to CoinDesk, Ripple announced a partnership with the lending platform Clearpool and the credit management institution Cicada Partners to launch a credit fund aimed at institutions, which will provide working capital loans to fintech and payment companies in the form of the RLUSD stablecoin on the XRP Ledger.Cicada is responsible for borrower screening, loan term setting, and credit risk monitoring; Clearpool is responsible for building and managing the loan pool infrastructure; Ripple participates as a limited partner, contributing funds and enjoying the same terms as other institutional investors.

Blockworks released the XRP Q2 report, with XRP's quarter-end closing price at $1.04, down 19.9%, and a market cap of $65.8 billion, still the fourth largest non-stablecoin asset. XRP ETP net inflow was $253.6 million, marking the third consecutive quarter of positive inflows, totaling over $1.9 billion. CEX spot trading volume was $57.6 billion, down 53.5% quarter-over-quarter, and perpetual contract trading volume decreased by 44%.The supply of XRPL native stablecoins increased by 195.4% quarter-over-quarter to $825.5 million, with RLUSD supply at $676.9 million, up 257%. OKX has launched RLUSD with over 280 spot trading pairs, and the Japanese Financial Services Agency has approved RLUSD as an electronic payment tool, distributed through SBI VC Trade. The total value of tokenized RWAs on XRPL increased by 102.5% quarter-over-quarter to $4.46 billion, setting a new quarterly high, with Justoken's energy-related JMWH accounting for about half. The transfer volume of stablecoins increased by 207.5% quarter-over-quarter to approximately $10 billion, with RLUSD accounting for about 90%.In terms of network activity, total transaction volume was 222.4 million (down 6.5% quarter-over-quarter), daily active addresses were 16,800 (down 10.7%), DEX trading volume was $482.9 million (down 35.9%), and transaction costs fell to $0.00024 (declining for five consecutive quarters). The lending protocols XLS-65/66 received support from 9/35 and 8/35 validators respectively, still 29 votes short of the activation threshold, with a revised version to be submitted in Q3. In terms of institutional collaboration, Ondo, JPMorgan Kinexys, Mastercard, and Ripple completed the tokenization of U.S. Treasury cross-chain redemptions, and Aviva Investors subsequently launched tokenized fund shares on XRPL.

The South Korean cryptocurrency exchange Bithumb will add Ripple USD (RLUSD) and Aeon (AEON) trading pairs in Korean Won today. The RLUSD trading pair will open at 4:30 PM today, supporting the XRP network, with a benchmark price of 1454 KRW; the AEON trading pair will open at 6:00 PM today, supporting the BNB Smart Chain, with a benchmark price of 133 KRW. The deposit and withdrawal for both tokens will open 2 hours and 3 hours after the announcement, respectively.To ensure a stable trading environment, Bithumb will restrict buy orders within 5 minutes after trading starts and set a price range limit of -10% to +100% for sell orders, while only limit orders will be supported for the first approximately 2 hours. Bithumb also reminds users that deposits and withdrawals are only supported between declared virtual asset operators.

UPBIT will launch trading for Ripple USD (RLUSD) on July 28 at 14:00, supporting KRW, BTC, and USDT markets. Users can start depositing RLUSD within 2 hours after the announcement is published, and trading support will begin at the aforementioned time.

According to official news, Ripple announced the launch of Ripple Mint, a unified platform for institutional users to access, mint, redeem, and manage RLUSD.The platform provides both a user interface and application programming interface access, supporting institutional automation of stablecoin operations, integrating RLUSD into existing systems, and achieving cross-chain digital dollar liquidity management. Currently, this service is open to existing RLUSD users.

According to PR Newswire, stablecoin operator Notabene announced a strategic investment from Ripple, with the specific investment amount not disclosed. The two parties will collaborate on enterprise-level stablecoin payments, including the integration of Ripple's USD stablecoin RLUSD into Notabene Flow B2B stablecoin payment platform.They also plan to further expand the application of RLUSD in institutional payment networks, accelerating the adoption of compliant stablecoin infrastructure by banks, payment institutions, and fintech companies.

Jack McDonald, Senior Vice President of Ripple's Stablecoin Business, disclosed eight recent developments regarding RLUSD in a post on X on June 29, covering settlement, regional access, on-chain liquidity, cross-border payments, multi-chain support, exchange listings, charity, and the Japanese market.Mastercard has expanded its settlement capabilities to support RLUSD across eight blockchain networks, including the XRP Ledger; Ripple has also increased the availability of RLUSD in Turkey through partnerships with BiLira, Bitexen, and Bitlo, and collaborated with Bitso to support liquidity and cross-border transactions for RLUSD and MXNB via the XRP Ledger's Permissioned DEX.RLUSD has also achieved multi-chain support through Wormhole Native Token Transfers and entered the Japanese market via SBI VC Trade after obtaining approval from the Financial Services Agency of Japan; additionally, RLUSD has been listed on exchanges such as Gate and Floq, and integrated with cross-chain infrastructure provider Squid Router, while Ripple joined Water's GetBlue campaign as its exclusive digital asset and payment partner.

According to official news, Ripple and SBI Holdings announced that the RLUSD stablecoin has officially launched in Japan and received approval from the Financial Services Agency of Japan, opening up to institutional and retail users through the VCTRADE platform of SBI VC Trade. RLUSD is classified as a new type of electronic payment tool under Japan's Payment Services Act, designed to meet the safety and regulatory standards for foreign-issued stablecoins. Jack McDonald, Senior Vice President of Ripple's stablecoin division, stated that this launch is an important step in expanding access to regulated US dollar stablecoins for Japanese financial institutions and businesses, with RLUSD serving as a bridge for payments, tokenization, and collateral management.

According to CoinDesk, Ripple is attempting to introduce XRP along with its stablecoin Ripple USD into the AI agent payment market, aiming to penetrate the on-chain micropayment system currently dominated by the USD stablecoin USD Coin. It has released the "XRPL AI Starter Kit," providing developers with a toolkit to build AI Agent payment capabilities, enabling agents to complete payments, check balances, and perform wallet operations on the XRP Ledger, and supporting automated payment processes based on the x402 protocol.However, Ripple has not yet disclosed any scaled landing customers or real production-level AI Agent payment transaction data; the solution is still in the early exploratory stage of infrastructure and developer ecosystem.

According to Cointelegraph, Ripple announced the official introduction of its USD-backed stablecoin RLUSD into the Turkish market through partnerships with three local institutions: BiLira, Bitexen, and Bitlo. Turkish institutional users will thus gain access to enterprise-level USD liquidity support.