Ripple’s latest move to expand its stablecoin footprint with RLUSD has caught the crypto market’s attention, stirring a wave of optimism among XRP supporters and institutional investors alike.
With major exchanges like Bitget listing fresh trading pairs and financial strategists praising the evolving infrastructure, the Ripple ecosystem appears to be stepping into a new era of utility and relevance beyond the courtroom headlines.
RLUSD Listings Go Live on Bitget
In a significant development, Bitget—one of Asia’s leading crypto exchanges—has announced the launch of new trading pairs featuring Ripple’s RLUSD stablecoin. The exchange first added RLUSD support in late May with RLUSD/USDT and RLUSD/USDC pairs. As of June 5, new listings include BTC/RLUSD, ETH/RLUSD, and notably XRP/RLUSD, solidifying the connection between Ripple’s native token and its dollar-pegged stablecoin.
Crypto exchange Bitget has expanded its support for Ripple’s RLUSD by listing new trading pairs: BTC/RLUSD, ETH/RLUSD, and XRP/RLUSD. Source: Bitget via X
The move marks a deepening of Ripple’s footprint in the crypto trading landscape. According to CoinMarketCap, RLUSD currently holds a market capitalization of around $369 million, with a total supply nearing 370 million tokens. Despite the increasing volume, Ripple has been conservative with issuance—minting 38 million RLUSD in April and later burning 15 million, suggesting a focus on maintaining a stable and predictable supply.
XRP and RLUSD: A New Global Finance Backbone?
The emergence of RLUSD is more than a simple stablecoin listing—it’s part of a broader Ripple strategy to overhaul legacy payment networks like SWIFT and Fedwire. As noted by market analyst Pumpius, this is “not just another token pairing,” but rather an engineered mechanism for enabling real-time, borderless FX settlements outside the control of traditional banking institutions.
Unlike USDC or USDT, RLUSD is not backed by U.S. Treasury assets or Wall Street custodians. Instead, it operates as a decentralized, off-chain dollar infrastructure, tailored to navigate and potentially bypass regulatory bottlenecks. According to economist Victor Ramires, this design offers “a parallel monetary lane” that’s free from systemic friction—a sharp contrast to conventional financial rails.
XRP’s Growing Role in Institutional Liquidity
As the RLUSD-XRP corridor matures, XRP’s role is evolving from a speculative asset to a programmable liquidity engine. FX strategist Meera Takashi describes this system as fostering “dynamic FX symmetry,” allowing for automatic arbitrage across mispriced currencies and compressing spreads without the need for central clearinghouses.
Nasdaq-listed VivoPower’s $100 million XRP acquisition marks a strategic move into digital assets, signaling a potential new wave of institutional adoption. Source: XRP Ratels via X
Institutional adoption reflects this transformation. Companies like VivoPower have committed $121 million to XRP-based treasury infrastructure. Additionally, Webus International has filed for a $300 million XRP corporate treasury with the U.S. Securities and Exchange Commission, signaling rising confidence in XRP as a long-term asset.
Meanwhile, sovereign-level interest is building as well. Saudi Aramco has begun experimenting with oil tokenization via the XRP Ledger (XRPL), while stablecoins pegged to various regional currencies (such as XSGD and EURØP) are launching on XRPL to ensure compliance with local regulatory regimes.
Ripple Ecosystem Grows Amid Ongoing XRP Lawsuit
Ripple’s continued development of the RLUSD stablecoin and its integration across Ethereum and XRPL come amid lingering regulatory uncertainty tied to the ongoing XRP lawsuit with the SEC. However, Ripple’s recent admission into ISDA and the development of new tools like the DeepFreeze amendment show the company’s commitment to compliance and long-term infrastructure.
Notably, networks such as Unicâmbio, Instarem, and Flash Payments have integrated with RippleNet, while major institutions like Standard Chartered Bank are leveraging Ripple’s rails within ISO 20022-compliant frameworks. These collaborations suggest a maturing Ripple market presence, even as XRP SEC lawsuits continue to loom.
XRP Price and Market Outlook
While the XRP price has remained relatively stable in recent days, analysts believe the groundwork being laid by Ripple and RLUSD will support future bullish momentum. As the company pivots toward becoming a foundational layer of the global payments system, the long-term XRP value could benefit from increased real-world utility and institutional trust.
XRP was trading at around $2.19, down 2.47% in the last 24 hours at press time. Source: Source: XRP Liquid Index (XRPLX) via Brave New Coin
As Ripple CEO Brad Garlinghouse has consistently emphasized, the company’s mission is to bring scalable, compliant solutions to the fragmented world of cross-border payments. The latest RLUSD integration appears to be a concrete step in that direction—signaling Ripple’s ambition to transform how money moves across the globe.
Final Thoughts
With RLUSD listings gaining traction and Ripple XRP news pointing toward real institutional progress, the outlook for Ripple and XRP continues to brighten. Whether through corporate treasuries, sovereign tokenization, or decentralized FX networks, Ripple is building an ecosystem designed to endure regulatory hurdles and all.
As the Ripple lawsuit progresses and more players adopt RLUSD and XRP for practical use cases, the crypto community and financial sector alike will be watching closely to see how far Ripple’s momentum can carry it.
Source: https://bravenewcoin.com/insights/ripple-news-today-ripples-rlusd-listing-sparks-market-buzz-as-xrp-gains-institutional-traction