Ripple Expands RLUSD Utility Through OpenPayd’s Banking Infrastructure

Ela Fatima
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6 Min Read

According to the latest announcement, the RLUSD integration with OpenPayd marks a significant shift in Ripple’s stablecoin strategy. Ripple’s stablecoin, enterprise-grade, links to OpenPayd’s payment infrastructure, allowing businesses to mint RLUSD more easily and redeem it using various fiat currencies.

They collaborate to open new payment corridors. Additionally, this collaboration helps RLUSD gain wider adoption outside of Europe as well.

What does the Partnership Offer?

Ripple, known for its blockchain-based payment services, has joined forces with OpenPayd to enable businesses to access RLUSD directly. Now, enterprises can mint and burn RLUSD through one single API.

It also supports instant payments in EUR and GBP. Virtual IBANs and multi-currency accounts are included in OpenPayd’s infrastructure, reducing friction in international payments and stablecoin conversions.

The RLUSD integration also supports Ripple’s long-term aim, as it makes stablecoins more accessible to businesses, developers, and financial institutions. RLUSD is available for purchase on exchanges such as Bitstamp, Kraken, and Bullish, as well as on platforms like MoonPay. Its reach increases from this availability.

Ripple’s RLUSD Integration
Ripple’s RLUSD Integration

Broader Use for RLUSD Integration

This RLUSD integration enables the stablecoin to expand into new markets. Enterprises now manage fiat-to-crypto flows more efficiently. Given that they send cross-border payments, handle payroll, or build treasury solutions, integrations make RLUSD more useful in day-to-day operations.

Jack McDonald, Ripple’s SVP of Stablecoins, highlighted how this partnership simplifies onboarding and interoperability. Instead of going through multiple steps to access RLUSD, companies can now handle it all from one interface OpenPayd’s API.

Iana Dimitrova, the CEO of OpenPayd, shared some information regarding this integration. For businesses, the integration removes technical hurdles as they enter the stablecoin world. Now, digital assets can be leveraged by companies relying on fiat systems without the need for heavy infrastructure investment.

A Step Toward Real-World Utility

One of the most valuable aspects of the RLUSD integration is its ability to bridge traditional finance with blockchain. OpenPayd’s support for EUR and GBP rails allows businesses in Europe and the UK to transact with RLUSD as easily as they use regular bank transfers.

With a current market cap of over $455 million, RLUSD is becoming a practical option in stablecoin payments. Ripple claims the infrastructure supports over $70 billion in daily FX volume and covers 90+ payout markets. These numbers show that RLUSD is not just a token for traders; it has real business applications.

The RLUSD integration also reduces operational risks. Businesses no longer need to rely on multiple intermediaries, as OpenPayd provides a single access point for both fiat and cryptocurrency.

Ripple Stablecoin
RLUSD on the Rise: Growth Fueled by OpenPayd Integration

Conclusion

The RLUSD integration with OpenPayd offers significant benefits for businesses seeking to bridge fiat and blockchain systems. It makes stablecoin payments more accessible, faster, and cost-effective. Ripple’s decision to focus on enterprise-grade infrastructure and compliance makes RLUSD a serious tool, not just another token in the market.

For crypto readers tracking the adoption of stablecoins, this development marks a clear move toward real-world utility. As more companies tap into RLUSD via OpenPayd, this integration may serve as a model for future partnerships.

Summary

Ripple’s RLUSD integration with OpenPayd streamlines access to stablecoins for businesses. Through a single API, companies can now mint and redeem RLUSD using EUR and GBP, making cross-border payments faster and easier. This move bridges traditional banking with blockchain, expanding the real-world use of RLUSD. With support from major platforms and a growing market cap, RLUSD is becoming a practical tool for enterprise-level financial operations.

FAQs

What is RLUSD?

RLUSD is Ripple’s USD-backed stablecoin, designed for enterprise use cases such as cross-border payments, treasury management, and asset tokenization.

What does OpenPayd offer?

OpenPayd provides Banking-as-a-Service (BaaS) tools, including virtual IBANs, multi-currency accounts, and real-time payment support.

How does the RLUSD integration help businesses?

It enables minting and redeeming RLUSD with EUR and GBP through a single API, making it easier to move between fiat and digital assets.

Is RLUSD available on exchanges?

Yes, RLUSD is available on Kraken, Bitstamp, and Bullish and accessible through MoonPay.

Glossary of Key Terms

RLUSD: Ripple’s stablecoin pegged to the U.S. dollar.

OpenPayd: A fintech platform offering API-based banking and payments infrastructure.

Stablecoin: A cryptocurrency pegged to a stable asset, like USD.

IBAN: International Bank Account Number used for cross-border payments.

API: A software interface that allows systems to interact.

Sources / References

Cryptotimes

Ripple Official Website

OpenPayd Website

The Fintech Times

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Crypto News Writer | Content Writer | Creative Writer A storyteller at heart who loves making crypto simple and engaging. Whenever inspiration strikes, words flow, turning complex blockchain ideas into easy-to-understand insights. Passionate about exploring the digital world, she writes to inform, inspire, and connect.
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