Ripple USD (RLUSD) Sees Institutional Momentum With Strategic Partnerships and Multi-Chain Expansion
Ripple Prime, the institutional brokerage arm, earned multiple Hedgeweek US Award nominations on July 20, 2026, with revenue tripling partly driven by RLUSD integration, while new partnerships with Mastercard and JPMorgan aim to use RLUSD and the XRP Ledger for institutional settlement.
Institutional Adoption Accelerates
Ripple Prime, acquired in April 2025, has seen revenue more than triple, clearing over $3 trillion annually, with growth attributed to client engagement and infrastructure like the RLUSD stablecoin, which enables efficient cross-margining. The collaborations with Mastercard, JPMorgan, OKX, and Ondo Finance focus on using the XRP Ledger for trade settlement and RLUSD for spot trading, derivatives, and collateral services.
Capital Flows Favor RLUSD
On July 20, 2026, flow data showed RLUSD attracted $4.1 million in net inflows, contrasting with outflows from other major assets during the same period.
Multi-Chain Expansion Underway
Ripple is actively testing its RLUSD stablecoin on several Ethereum Layer-2 networks, including Optimism, Base, Ink, and Unichain, utilizing Wormhole's Native Token Transfer standard to enable secure, native cross-chain transfers without wrapped assets.
Emerging Market Rollouts
Ripple and SBI Group partnered to launch Ripple USD in Japan on July 6, 2026. Ripple is also testing its RLUSD stablecoin within Singapore's central bank sandbox, with the pilot conducted under the supervision of the Monetary Authority of Singapore, focusing on improving cross-border trade finance by automating payments through blockchain technology.
Lending Integration
Holders can now borrow Ripple's RLUSD stablecoin on Ethereum without selling their tokens, after Flare's FXRP was approved as collateral in a Sentora-curated vault on Morpho.
Market Performance
Ripple USD's price today is $1.00, with a 24-hour trading volume of $220.16M.