Ripple merges RLUSD into payments platform to expand utility

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Ripple has integrated its USD-backed stablecoin, RLUSD, into its flagship payments platform, Ripple Payments.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Ripple is doing this to improve cross-border payment efficiency and expand RLUSD’s utility among financial institutions, according to a note shared with crypto.news. Since its launch in December 2024, RLUSD has seen its adoption approach $250 million in market capitalization, with $10 billion in total trading volume.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Ripple Payments processes billions of dollars in transactions, and the addition of RLUSD strengthens its cross-border capabilities. Unlike many stablecoins designed for retail use, RLUSD is tailored for enterprise applications, ensuring compliance and liquidity for businesses engaged in global transactions. Ripple plans to expand RLUSD’s role in payments over time, leveraging its global payout network.