Ripple discloses eight developments regarding RLUSD, covering payments, exchanges, and cross-chain infrastructure
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 on eight blockchain networks, including the XRP Ledger; Ripple has also expanded the availability of RLUSD in Turkey through partnerships with BiLira, Bitexen, and Bitlo, and partnered with Bitso to support liquidity and cross-border transactions for RLUSD and MXNB via XRP Ledger's Permissioned DEX. RLUSD has also achieved multi-chain support through Wormhole Native Token Transfers and, after receiving approval from the Japanese Financial Services Agency, entered the Japanese market via SBI VC Trade. Additionally, RLUSD has been listed on exchanges such as Gate and Floq, integrated with the cross-chain infrastructure provider Squid Router, and Ripple has joined Water's GetBlue campaign, becoming its exclusive digital asset and payment partner.
