Ripple's RLUSD Integrated into Payments System; Market Cap Reaches $293.6 Million

Ripple has announced the integration of its RLUSD stablecoin into its cross-border payments system, Ripple Payments, to enhance adoption and streamline global transactions. Select Ripple Payments clients, including BKK Forex and iSend, are already utilizing RLUSD to optimize treasury operations. Crypto exchange Kraken has also listed RLUSD, following listings on LMAX, Bitstamp and Bullish, increasing its accessibility to retail users. Since its regulatory approval in December, RLUSD has experienced substantial growth. As of April 3, 2025, its market capitalization has reached $293.6 million, with a monthly transfer volume of $860 million. Ripple's SVP of Stablecoins, Jack McDonald, noted that RLUSD's growth is exceeding internal projections, with adoption across various financial sectors. Ripple is also collaborating with NGOs to explore the use of stablecoins for aid distribution. RLUSD features built-in global enterprise utility that improves the speed and efficiency of cross-border payments. It can be used to access liquidity for remittance and treasury operations, integrate with decentralized finance (DeFi) protocols, bridge between traditional fiat currencies and the crypto ecosystem, and provide collateralization for trading tokenized real-world assets.