Ripple Gains Key Licenses, Adds RLUSD for Payments

• Ripple secures key U.S. regulatory licenses, expanding cross-border payment services.
• Over 60 global licenses position Ripple for seamless, compliant international payments.
• RLUSD stablecoin integration set to enhance Ripple’s cross-border payment solutions.

Ripple is seriously stepping up its game in its cross-border payments business at the start of 2025. The company scored new regulatory licenses, and it’s planning to add its enterprise-grade stablecoin, Ripple USD (RLUSD), to its payment services. 

These steps are in line with how digital assets are being adopted, as financial institutions check out blockchain technology to improve their operations and add variety to what they offer.

Key U.S. Licenses Secured

Ripple just got bigger in the United States when they grabbed Money Transmitter Licenses (MTLs) for New York and Texas. These states otherwise have tough regulatory rules and a high demand for real-time global payments.

With over 50 MTLs in the U.S., Ripple can now provide fully licensed payment solutions that handle cross-border transactions from beginning to end. This makes sure Ripple’s system stays on the right side of the law, meeting the needs of both financial institutions and crypto businesses.

Related: Ripple Gains Regulatory Nod in NY and Texas for Payments

Global Reach: Ripple’s Worldwide Licensing

Ripple’s global licensing efforts are helping boost its place in the international payments world. The company now has more than 60 licenses across many jurisdictions, including Singapore, Ireland, and the Cayman Islands.

This wide-reaching licensing network helps Ripple’s goal to deliver compliant payment services worldwide. The company knows how to work through diverse regulatory setups, so they can offer a smooth global payment experience. This is a key advantage as digital asset adoption picks up steam.

A big step for Ripple is bringing its RLUSD stablecoin onboard its payments platform. Ripple thinks RLUSD is a secure, compliant, and reliable solution for cross-border payments.

The company sees that the need for stablecoins in international payment flows is growing, making RLUSD a vital part of its strategy. Ripple’s enterprise-grade stablecoin will be fully part of its payment network later this year, giving financial institutions a solid digital asset for transactions.

Related: Ripple Seeks Time Extension to Respond to SEC Appeal

Ripple’s Strong Performance and Future Outlook

Ripple’s payment business achieved significant milestones in 2024, processing $70 billion in transaction volume across over 90 markets worldwide. The company has also added new clients in North America, such as Bancoli, CambioReal, and AgilityFx, further expanding its network. 

And that’s not all. Ripple is looking to the future and plans to double its domestic hiring in 2025. This shows its commitment to growth in the U.S. The company has already set up larger offices in San Francisco and New York for this growth.