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RLUSD Connects Conventional Finance with Cryptocurrency, Attracting Growing Interest from Institutions

RLUSD Connects Conventional Finance with Cryptocurrency, Attracting Growing Interest from Institutions

Bitget-RWA2025/09/27 02:34
By:Coin World

- Bybit listed Ripple’s RLUSD stablecoin, expanding trading options and signaling institutional adoption growth. - RLUSD, fully backed by USD and Treasuries, enables 24/7 liquidity via partnerships with BlackRock, VanEck, and Securitize. - The stablecoin’s regulatory compliance and cross-chain support on Ethereum/XRP Ledger enhance its appeal for DeFi and RWA tokenization. - Ripple’s collaboration with Transak and BNY Mellon, plus the GENIUS Act, further solidify RLUSD’s institutional utility and market tr

RLUSD Connects Conventional Finance with Cryptocurrency, Attracting Growing Interest from Institutions image 0

Bybit has added Ripple’s RLUSD stablecoin to its platform, broadening trading options for its users and highlighting the increasing institutional interest in this dollar-linked asset. RLUSD is now available for spot trading against

, (BTC), (ETH), , and Mantle (MNT). Users can deposit and withdraw RLUSD on both the Ethereum blockchain and the XRP Ledger. Bybit’s move comes after Ripple’s recent collaborations with companies such as and VanEck, which have integrated RLUSD into their tokenized money-market funds, enabling investors to exchange fund shares for RLUSD through Securitize. This innovation provides a round-the-clock exit route for tokenized assets, boosting liquidity for institutional players title1 [ 1 ].

Launched in late 2024, RLUSD is fully collateralized by U.S. dollars and short-term Treasury securities, operating under a trust charter from the New York Department of Financial Services (NYDFS). With a market cap of $741 million, it currently ranks as the 94th largest cryptocurrency title2 [ 2 ]. Its regulatory compliance and institutional-grade structure have fueled its use in cross-border payments, DeFi liquidity pools, and tokenization of real-world assets (RWA). Ripple’s partnership with Securitize to facilitate redemptions for BlackRock’s BUIDL and VanEck’s VBILL funds further highlights RLUSD’s function as a settlement mechanism for tokenized assets title9 [ 3 ].

Bybit’s addition of RLUSD joins other exchanges like Bullish, Bitstamp, and Bitso in supporting the stablecoin. Bybit’s offering of RLUSD on both the XRP Ledger and Ethereum networks demonstrates a dual-chain approach, positioning RLUSD as a connector between conventional finance and blockchain. Jack McDonald, Ripple’s Senior Vice President of Stablecoins, stated that this integration “is a logical progression as we work to connect traditional finance with crypto,” emphasizing RLUSD’s role in delivering regulatory certainty and instant liquidity title11 [ 4 ].

Institutional uptake of RLUSD has also been strengthened by its integration with Transak, allowing retail users in 64 countries to buy RLUSD using fiat money. This ease of access, together with custody solutions from BNY Mellon, increases RLUSD’s attractiveness to both institutional and individual investors. RLUSD’s involvement in tokenized real estate projects in Dubai and its application in Ripple’s cross-border payment services further demonstrate its expanding range of uses title7 [ 5 ].

The passage of the GENIUS Act by the U.S. Congress in September 2025 has brought greater regulatory certainty to the stablecoin industry, which may accelerate RLUSD’s adoption. The new law requires stablecoin issuers to undergo reserve audits and obtain licenses, aligning with RLUSD’s current compliance standards. While the legislation mainly benefits regulated stablecoins such as

and USDT, it also positions RLUSD as a strong alternative for institutional applications, especially in international finance title8 [ 6 ].

Experts believe that RLUSD’s expansion could have a positive impact on XRP, Ripple’s native token. Each RLUSD transaction on the XRP Ledger requires a small amount of XRP as a network fee, contributing to XRP’s deflationary mechanism. Although XRP’s value is still influenced by overall market conditions, increased RLUSD activity could boost demand for XRP, particularly as Ripple grows its RWA and institutional product lines title6 [ 7 ].

Bybit’s decision to list RLUSD is part of its broader strategy to support new stablecoins with strong institutional support. This move reflects the wider adoption of tokenized assets, as demonstrated by the success of BlackRock’s BUIDL fund, which surpassed $2 billion in assets under management within its first year. As RLUSD continues to partner with major financial infrastructure providers, its importance in enabling efficient on-chain settlements and international transactions is expected to increase title10 [ 8 ].

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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