Introduction
Ripple and OpenPayd have partnered to enhance payment solutions for enterprise clients, enabling direct RLUSD stablecoin minting and redemption. This collaboration marks a significant step in bridging traditional finance with blockchain technology.
Key Features of the Partnership
- Extended Currency Support: Ripple Payments now accommodates EUR and GBP transactions
Global Fiat Infrastructure Access: Leverages OpenPayd's network including:
- Real-time payment systems
- Multi-currency account handling
- Virtual IBANs
- Cross-Border Efficiency: Accelerates transactions between Europe and UK
Executive Perspective
Lana Dimitrova, CEO of OpenPayd, stated:
"Ripple has long been a pioneer in blockchain-based payments. By combining Ripple Payments with OpenPayd's rail-agnostic infrastructure, we're creating a unified platform that connects traditional finance with blockchain. This enables businesses to manage global money movement, access stablecoin liquidity, and streamline cross-border operations."
👉 Explore blockchain payment solutions
RLUSD Stablecoin Overview
Market Performance (June 2025)
| Metric | Value | Change |
|---|---|---|
| Market Cap | $455.21M | +3.31% |
| 24h Trading Volume | $30.82M | -16.72% |
| Circulating Supply | 4,552.4M RLUSD | N/A |
| Total Supply | 4,552.4M RLUSD | N/A |
| Max Supply | Infinite | N/A |
Distribution Insights
- 84.5% of RLUSD issued on Ethereum (362.8M tokens)
- Remaining 15% distributed across other networks
Cryptocurrency Market Snapshot
Global Metrics:
- Total Market Cap: $33.1T (-0.79%)
- 24h Volume: $102.25B
- Fear & Greed Index: 46 (Neutral)
Top Performers:
- Bitcoin (BTC): $107,844 (+1.33%)
- Ethereum (ETH): $2,458
- Celestia, Maple Finance, Pudgy Penguins
FAQ Section
Q: How does this partnership benefit businesses?
A: Enterprises gain access to faster cross-border payments, stablecoin liquidity, and simplified treasury operations through unified fiat/blockchain infrastructure.
Q: What makes RLUSD unique among stablecoins?
A: RLUSD combines Ripple's payment network with OpenPayd's banking infrastructure, offering institutional-grade stability and global reach.
Q: Can individuals access RLUSD through OpenPayd?
A: Currently focused on enterprise clients, but may expand to retail users as adoption grows.
👉 Learn about stablecoin adoption
Market Outlook
The integration positions Ripple as a leader in blockchain-based cross-border payments, with RLUSD becoming increasingly prominent in the stablecoin market (ranked #112 by market cap). Analysts predict continued growth as institutional adoption accelerates.
Note: All data reflects market conditions as of July 2025.