Ripple, a leading provider of digital asset infrastructure for financial institutions, has officially unveiled its strategic exchange partnerships for Ripple USD (RLUSD) — a new enterprise-grade, USD-denominated stablecoin designed with compliance, liquidity, and institutional trust at its core. Through collaborations with major global platforms, RLUSD will be made available to institutions and retail users worldwide, marking a significant advancement in the evolution of digital finance.
The stablecoin will launch on prominent exchanges and financial platforms including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. This broad distribution network underscores Ripple’s commitment to building a compliant, accessible, and globally interoperable financial ecosystem.
“With our initial exchange partners, the clear utility and demand for RLUSD, and a strong focus on regulatory compliance, Ripple’s stablecoin is poised to become the gold standard for enterprise-grade stablecoins,” said Brad Garlinghouse, CEO of Ripple. “Customers and partners have been asking for high-quality stablecoins like RLUSD to use across various financial use cases, such as payments, tokenization of real-world assets, and decentralized finance. Our payment solutions will leverage RLUSD, XRP, and other digital assets to enable faster, more reliable, and cost-effective cross-border payments.”
Strategic Liquidity Support from Leading Market Makers
To ensure deep market liquidity and seamless trading from day one, RLUSD will be supported by top-tier market makers including B2C2 and Keyrock. These firms bring extensive experience in institutional-grade digital asset trading and will play a crucial role in stabilizing price discovery and enhancing trading volume across exchanges.
This institutional backing reinforces RLUSD’s positioning not just as another stablecoin, but as a trusted financial instrument built for real-world integration.
RLUSD Advisory Board: Leadership in Compliance and Innovation
One of the defining features of RLUSD is its issuance under a New York Trust Company Charter, subjecting it to rigorous regulatory oversight. This legal foundation enhances transparency, accountability, and investor confidence — key requirements for institutional adoption.
To guide the responsible rollout of RLUSD, Ripple has assembled a distinguished advisory board composed of leaders in finance and digital assets:
- Sheila Bair, former Chair of the Federal Deposit Insurance Corporation (FDIC)
- David Puth, Vice Chairman of Partners Capital and former CEO of the CENTRE Consortium (co-creator of USDC)
- Chris Larsen, Ripple co-founder and Executive Chairman
“Stablecoins will play a key role in modernizing our financial infrastructure and broadening financial inclusion,” said Sheila Bair. “I am honored to join Ripple’s advisory board as they launch their stablecoin with a compliance-first approach. As the digital assets industry grows, responsible innovation will be paramount to their adoption, prioritizing both consumer protection and financial stability.”
David Puth echoed this sentiment, emphasizing the transformative potential of stablecoins:
“I’m excited to join Ripple's advisory board to support their efforts in the launch of RLUSD. Stablecoins are a critical component in the evolution of the digital economy, providing a bridge between traditional finance and the crypto market. They offer the stability needed for transactions while utilizing blockchain technology to enhance transparency and efficiency. Ripple has consistently demonstrated its commitment to building secure, compliant, and accessible enterprise solutions — and RLUSD is no exception.”
Enterprise Use Cases: Where RLUSD Delivers Real Value
RLUSD is engineered to meet the demands of modern financial institutions by combining the stability of fiat with the speed and efficiency of blockchain. Backed by Ripple’s proven infrastructure and global network, RLUSD is optimized for three core enterprise applications:
1. Cross-Border Payments
RLUSD enables real-time, 24/7 global payments with minimal friction. Integrated into Ripple’s cross-border payment solutions alongside XRP, it enhances transaction speed, reduces costs, and improves reliability. Ripple’s network already spans over 90 markets, representing more than 90% of daily foreign exchange volume, having facilitated over 37 million transactions worth nearly $70 billion.
This infrastructure positions RLUSD as a powerful tool for banks, payment providers, and fintechs seeking faster settlement and improved cash flow management.
2. On/Off Ramps Between Fiat and Crypto
One of the biggest barriers to crypto adoption is volatility during conversion. RLUSD acts as a stable bridge between traditional currencies and digital assets, allowing users to enter (on-ramp) or exit (off-ramp) the crypto ecosystem seamlessly.
With RLUSD, users avoid exposure to price swings during transfers — a critical advantage for institutions managing large volumes or executing time-sensitive transactions.
3. Tokenization of Real-World Assets (RWA)
The tokenization of assets like bonds, commodities, and real estate is accelerating. RLUSD serves as a compliant medium of exchange and settlement layer for these on-chain RWAs, enabling:
- Instant settlement
- Reduced counterparty risk
- Enhanced collateral efficiency
- Transparent audit trails
By offering a regulated, transparent stablecoin, RLUSD helps unlock liquidity in traditionally illiquid markets — a game-changer for institutional investors.
👉 See how blockchain-powered stablecoins are enabling the next wave of asset tokenization.
Partner Perspectives: Industry Leaders Back RLUSD
Key partners have voiced strong support for RLUSD’s launch, highlighting its potential to drive innovation across digital finance.
“We’re impressed with Ripple’s commitment to advancing the stablecoin market and unlocking new, institutional use cases with RLUSD,” said Ivan Soto-Wright, co-founder and CEO of MoonPay. “While we’re still in the early days of stablecoins, we believe they will eventually play an important role in our financial system. We’re thrilled to add RLUSD to the growing list of stablecoins available on MoonPay.”
Cactus Raazi, US CEO of B2C2, emphasized the importance of quality in digital asset development:
“Trusted, regulation-compliant stablecoins are fundamental for building robust, resilient digital assets marketplaces. As a leading liquidity provider for institutional digital assets, B2C2 supports the development of enterprise-grade solutions across the market.”
Daniel Vogel, CEO and co-founder of Bitso, highlighted regional impact:
“Bitso is proud to be among the first to list RLUSD and share this significant milestone with Ripple. Our longstanding partnership with Ripple has enabled us to collaboratively explore innovative use cases like cross-border payments. We believe this new stablecoin will greatly benefit our customers and business clients across Latin America.”
Chris Tyrer from Bullish added:
“As the convergence of crypto and traditional financial markets continues to accelerate, regulated stablecoins such as RLUSD create a trusted pathway for institutions to trade digital assets. We are delighted to expand Bullish’s institutional offering with an additional stablecoin that meets rigorous regulatory standards.”
Blockchain Support: Expanding Across XRP Ledger and Ethereum
RLUSD is launching natively on both the XRP Ledger (XRPL) and Ethereum blockchains — two of the most widely adopted networks in decentralized finance.
On XRPL — where XRP serves as the native asset — RLUSD benefits from:
- Near-instant settlement (3-5 seconds)
- Ultra-low transaction fees
- Built-in decentralized exchange (DEX) functionality
- 24/7 operation without downtime
This integration responds directly to community demand for credible, compliant stablecoins on XRPL, boosting trading activity and enhancing the utility of both RLUSD and XRP.
Meanwhile, Ethereum support ensures compatibility with DeFi protocols, wallets, and dApps used by millions globally.
Frequently Asked Questions (FAQ)
Q: What is Ripple USD (RLUSD)?
A: RLUSD is an enterprise-grade USD-pegged stablecoin issued by Ripple under a New York Trust Company Charter. It is designed for use in payments, asset tokenization, and crypto on/off ramps with strong regulatory compliance.
Q: Is RLUSD backed 1:1 by U.S. dollars?
A: Yes. RLUSD is fully backed by high-quality reserve assets including cash and cash equivalents, ensuring parity with the U.S. dollar.
Q: On which blockchains is RLUSD available?
A: RLUSD launches on both the XRP Ledger (XRPL) and Ethereum networks to maximize accessibility across centralized exchanges and decentralized applications.
Q: Why does regulatory compliance matter for stablecoins?
A: Regulatory oversight ensures transparency, protects users, prevents illicit activity, and enables institutional adoption. RLUSD’s issuance under a NY trust charter sets it apart from many unregulated alternatives.
Q: How does RLUSD differ from other stablecoins like USDT or USDC?
A: While similar in purpose, RLUSD is uniquely positioned through Ripple’s global payments expertise, strategic exchange partnerships, advisory board leadership, and dual-chain deployment focused on enterprise use cases.
Q: Can individuals use RLUSD or is it only for institutions?
A: While designed with enterprises in mind, RLUSD is accessible to retail users through partner platforms like Uphold, Bitstamp, and MoonPay.