Ripple Stablecoin Chief Takes RLUSD Global Strategy to Brooklyn RWA Summit

In Brief:

• Ripple stablecoin chief Jack McDonald will present RLUSD’s global adoption strategy at Brooklyn’s Real World Asset Summit alongside industry leaders.
• RLUSD surpassed $2 billion in total supply, with more than $1 billion circulating through the XRP Ledger during August alone.
• Ripple uses RLUSD across tokenized asset settlement, institutional lending, exchange rewards, and Kenyan financial inclusion programs for underserved small businesses.

 

Ripple Senior Vice President of Stablecoins Jack McDonald will present RLUSD’s global adoption strategy at Brooklyn’s Real World Asset Summit. According to McDonald’s recent X post, he will discuss how stablecoins are gaining acceptance across international financial markets.

The summit runs from September 1 through September 2 and brings together leaders from finance, blockchain, and asset management. McDonald will join the Going Global panel during the event’s second day alongside several prominent digital asset executives.

Emily Parker from the Global Blockchain Business Council and STOKR executive Subhankar Sinha will also participate in the session. McDonald described RLUSD as central to the event, indicating Ripple’s regulated stablecoin will receive significant attention during the conversation.

Other speakers include Circle CEO Jeremy Allaire, Uniswap Labs CEO Hayden Adams, and Ethereum cofounder Joseph Lubin. Moreover, Securitize CEO Carlos Domingo, BlackRock executive Samara Cohen, and Bank of America’s Sonali Theisen will attend.

Also Read: Payward and London Stock Exchange Partner to Tokenize 100 UK Stocks

RLUSD Growth Strengthens Ripple’s Wider Institutional Strategy

During August, RLUSD’s combined supply crossed $2 billion, including more than $1 billion circulating on the XRP Ledger. Ripple has invested in ZILO and Licuido to expand digital capital markets infrastructure operating through the XRP Ledger. Under this strategy, RLUSD provides regulated cash settlement for transactions involving tokenized securities and other blockchain-based financial assets.

Meanwhile, Bybit expanded its RLUSD Hold and Earn program after attracting $50 million under custody within eleven days. Ripple also partnered with Clearpool and Cicada Partners to develop institutional lending services through the XRP Ledger.

Consequently, participating businesses can use RLUSD as the credit asset for loans serving fintech firms and payments companies. In Kenya, Ripple joined Mercy Corps Ventures, BlockBima, and Fortune Credit to support underserved small businesses.

The initiative uses RLUSD to improve access to insurance and credit while reducing settlement delays and transaction expenses. Project results showed a 97% settlement-time reduction alongside costs approximately 3,000 times lower than traditional processes. McDonald’s Brooklyn presentation will connect these developments with Ripple’s broader effort to expand RLUSD across regulated global markets.

Also Read: Bitcoin Bottom Fractal Signals $70,000 Pullback Before Major Breakout

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