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Cryptocurrency News Articles

Ripple Mints RLUSD, OpenPayd Partnership Fuels Global Push

Jul 03, 2025 at 03:13 am

Ripple's strategic minting of RLUSD and partnership with OpenPayd is set to redefine global payments by bridging traditional finance and blockchain.

Ripple's been making moves, y'all! The latest? A strategic minting of RLUSD and a power-up partnership with OpenPayd, aiming for a global payments revolution. Let's break it down.

RLUSD Mint Signals Liquidity Expansion

On July 2, 2025, Ripple minted 14 million RLUSD tokens. This ain't just Monopoly money; it's a signal of growing liquidity demand and Ripple's grand plan to expand stablecoin applications globally. Verified on Ethereum, this move emphasizes transparency and Ripple's commitment to a 1:1 USD backing.

OpenPayd: The Key to Fiat Interoperability

Here's where it gets juicy. Ripple's hookup with OpenPayd is a game-changer. Integrating RLUSD into OpenPayd's regulated fiat infrastructure means businesses can now seamlessly move between fiat and stablecoin assets. Think real-time payments, multi-currency services, and virtual IBANs—all accessible through a single API. This is how you simplify corporate treasury operations and speed up global cash movement.

The Big Picture: Challenging the Stablecoin Giants

Ripple isn't just playing around; they're stepping into the ring with stablecoin heavyweights like Tether (USDT) and Circle (USDC). By combining solid fiat infrastructure with blockchain innovation, Ripple and OpenPayd are setting a new standard for enterprise payments. This positions RLUSD for broader enterprise use in treasury, payments, and on-chain finance. Ripple's payments network already processes over $70 billion in volume across more than 90 payout markets.

Alchemy Pay Joins the Party

Adding another layer to the mix, Alchemy Pay has integrated on-ramp services for RLUSD, allowing users in over 173 countries to buy RLUSD with local fiat currencies. This is huge for accessibility and global adoption!

My Take: Ripple's Calculated Gamble

Look, Ripple's not new to the crypto scene, but this stablecoin push feels different. The OpenPayd partnership isn't just about tech; it's about compliance and trust. The fact that RLUSD is being closely monitored by the New York Department of Financial Services (NYDFS) says a lot. They're not just trying to be fast and cheap; they're aiming for legitimacy in a space that desperately needs it. By building bridges between traditional finance and the crypto world, Ripple is carving out a unique niche. The unlocked and relocked XRP, and the minting of RLUSD all signal a carefully managed approach to liquidity and market presence.

The Future is Now

So, what does it all mean? Faster, cheaper, more transparent global payments are becoming a reality. Ripple and OpenPayd are making it easier for businesses to move money around the world, and Alchemy Pay is opening the doors for everyone to get involved. Who knows, maybe one day we'll all be using RLUSD to pay for our morning coffee. Stranger things have happened, right?

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