- Ripple advances RLUSD stablecoin with academic funding and African market integrations for cross-border payments and settlements.
- RLUSD prioritizes regulatory clarity and institutional adoption, seeking partnerships to unlock enterprise-grade liquidity.
Ripple is actively developing its stablecoin, RLUSD, with recent moves into academic and international markets. The company allocated $1.3 million in RLUSD to fund the Berkeley Center for Digital Assets, a partnership focused on researching practical uses for stablecoins.
Additionally, Ripple has integrated RLUSD into African financial systems through alliances with payment firms Chipper Cash, VALR, and Yellow Card. These steps demonstrate the coin’s application in cross-border payments, corporate treasury functions, and blockchain settlements.
At the same time, Ripple President Monica Long has voiced measured concerns about the stablecoin sector on social media platform X. She observed that the rapid increase in new stablecoin projects recalls the non-fungible token boom of past years. Long accepted that some digital currencies serve valid roles, such as streamlining bank-to-bank transfers or supporting customer reward programs.
However, she suggested that numerous issuers might be acting on impulsive market excitement rather than genuine demand. Creating and maintaining a stablecoin requires handling reserve assets, following regulatory rules, and establishing deep liquidity, all of which incur large costs.
Jack McDonald, Ripple’s senior vice president for stablecoins, outlined RLUSD’s design for institutional clients. It stresses regulatory transparency, value steadiness, and concrete usefulness to link traditional finance with crypto assets. McDonald noted that working with proven platforms like Securitize is vital to access fresh liquidity and business-oriented applications.
XRP (Ripple) is trading at $2.95, down 2.96% in the last 24 hours. Despite this short-term dip, XRP has gained 5.95% over the past week, 3.66% this month, and 53.55% in the past six months, marking a strong recovery trajectory. Its market capitalization stands at $176.58 billion, with a 24-hour trading volume of $4.32 billion, while its all-time high remains $3.66.
Ripple continues to be one of the most closely watched cryptocurrencies amid the upcoming SEC decisions on six XRP ETF applications. The pending filings include submissions from Grayscale, 21Shares, Bitwise, Canary Capital, WisdomTree, and CoinShares, with results expected later this month.
Meanwhile, REX-Osprey’s XRP ETFs have already surpassed $500 million in assets under management, driven by consistent daily inflows and growing demand for XRP and Dogecoin investment products.
