coinpedia 2025-04-03 04:48:32

XRP News Today: Kraken Lists RLUSD as Ripple Integrates Stablecoin into Global Payments

The post XRP News Today: Kraken Lists RLUSD as Ripple Integrates Stablecoin into Global Payments appeared first on Coinpedia Fintech News Ripple has officially integrated its US-pegged stablecoin, RLUSD, into its enterprise-grade cross-border payments platform. This strategic move expands RLUSD’s utility within Ripple’s global transaction infrastructure, enhancing efficiency and scalability for international payments. The integration coincides with RLUSD’s listing on Kraken, increasing its accessibility to both institutional and retail users. This development is expected to drive further adoption of RLUSD across Ripple’s extensive network, which spans over 90 payout markets with connections to banks, financial institutions, and payment service providers worldwide. “Stablecoins should be trusted, compliance-first, and built for real-world finance—RLUSD is setting the standard. Now live in Ripple Payments, RLUSD powers enterprise payments, asset tokenization & DeFi,” the company said. Since its rollout in December 2024, RLUSD has seen massive growth, with its market cap jumping to nearly $200 million in March, according to Artemis data. The stablecoin is designed to support enterprise payments, asset tokenization, and decentralized finance (DeFi) applications. $RLUSD @ripple is now available for trading on Kraken! Deposits and withdrawals are enabled Trading is now live! Trade here https://t.co/EbU16A6sy0 *Geographic restrictions apply pic.twitter.com/oinEZBMZfs — Kraken Exchange (@krakenfx) April 2, 2025 The launch comes amid growing interest in stablecoins, with industry leaders like Binance’s CZ discussing the healthy competition within the market. Analysts predict that as stablecoin adoption expands, banks will also enter the space, adding to the dynamic evolution of the digital asset ecosystem.