Ripple Expands Digital Asset Custody Services and Integrates RLUSD into Cardano

Key Facts

1Ripple's RLUSD stablecoin is now available on the Cardano ecosystem through an integration by the cross-chain bridge Wanchain.

2Ripple is aiming to expand its stablecoin utility beyond the XRP Ledger (XRPL) and Ethereum networks.

Ripple is expanding its institutional digital asset custody services while integrating its RLUSD stablecoin into the Cardano ecosystem and linking Ripple Treasury with the FedNow network. In a significant technical update, XRPL validators are currently voting on the Lending Protocol, Single Asset Vaults, and cross-chain reward-rounding fixes. Preparations are also underway for the release of XRPL version 3.2.0 later this year, supported by bug bounties and security attackathons to ensure network integrity. Meanwhile, Bitrue has added RLUSD as a futures margin option, and three European banks plan to launch a euro-pegged stablecoin by 2026. With RLUSD’s market capitalization reaching $1.5 billion, these developments solidify Ripple's role in bridging traditional finance and decentralized protocols through enhanced on-chain governance and infrastructure.

6 months ago

Version History

Version 76 months ago

What changed: The story was updated to include XRPL validator voting on new DeFi protocols and preparations for the XRPL version 3.2.0 release.

Version 66 months ago

What changed: Added information regarding a future euro-backed stablecoin initiative by three Ripple-partnered EU banks scheduled for 2026.

Version 56 months ago

What changed: Added information regarding Bitrue exchange listing RLUSD as a margin option for futures trading.

Version 46 months ago

What changed: Added information regarding the integration of Ripple Treasury with the U.S. Federal Reserve's FedNow payment system to bridge traditional finance and crypto.

Version 36 months ago

What changed: The story was updated to include Ripple's expansion into digital asset custody services for traditional financial institutions alongside the RLUSD integration with Cardano.

Version 26 months ago

What changed: Added specific market capitalization data for the RLUSD stablecoin, reaching $1.5 billion.

Version 16 months ago

What changed: Added expert insights regarding XRP's role as a key driver for the next wave of crypto transformation and its potential to challenge traditional finance.