{"id":20253,"date":"2025-04-02T15:32:27","date_gmt":"2025-04-02T15:32:27","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20253"},"modified":"2025-04-02T15:32:27","modified_gmt":"2025-04-02T15:32:27","slug":"ripple-integrates-rlusd-stablecoin-into-cross-border-payments-system","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20253","title":{"rendered":"Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System"},"content":{"rendered":"<div>\n<p>Ripple, an enterprise-focused blockchain service closely tied to the XRP Ledger (XRP), said on Wednesday it has integrated its stablecoin to the company&#8217;s cross-border payments system to boost adoption for Ripple USD (RLUSD).<\/p>\n<\/p>\n<p>Select Ripple Payments customers including cross-border payment providers BKK Forex and iSend are already using the stablecoin to improve their treasury operations, the company said. Ripple plans to further expand the token&#8217;s availability of its token to payments customers.<\/p>\n<\/p>\n<p>Additionally, crypto exchange Kraken added RLUSD to its platform, following recent listings on LMAX and Bitstamp.<\/p>\n<p>\nRipple <a href=\"https:\/\/www.coindesk.com\/business\/2024\/12\/16\/ripple-to-roll-out-rlusd-stablecoin-on-dec-17-adds-former-central-bankers-to-advisory-board\" target=\"_blank\">entered<\/a> the rapidly growing stablecoin market with its short-term U.S. government bond-backed cryptocurrency after <a href=\"https:\/\/www.coindesk.com\/markets\/2024\/12\/10\/xrp-rallies-10-as-ripples-stablecoin-gets-regulatory-approval-ceo-garlinghouse-says\" target=\"_blank\">receiving regulatory approval<\/a> from the New York New York Department of Financial Services in December.<\/p>\n<p>\nSince then, RLUSD reached a $244 million market capitalization, growing 87% over the past month and reaching a monthly transfer volume of $860 million, <a href=\"https:\/\/app.rwa.xyz\/assets\/RLUSD\" target=\"_blank\">rwa.xyz data<\/a> shows.<\/p>\n<\/p>\n<p>Jack McDonald, Ripple&#8217;s senior vice president of stablecoins, said in a statement that RLUSD&#8217;s growth is &#8220;outpacing our internal projections&#8221; with adoption spanning multiple financial sectors. Ripple is also working with NGOs exploring stablecoins for more efficient aid distribution, he added.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple, an enterprise-focused blockchain service closely tied to the XRP Ledger (XRP), said on Wednesday it has integrated its stablecoin to the company&#8217;s cross-border payments system to boost adoption for Ripple USD (RLUSD). Select Ripple Payments customers including cross-border payment providers BKK Forex and iSend are already using the stablecoin to improve their treasury operations, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20253","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20253"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20253\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}