RLUSD Is Now Live on the XRP Ledger via Transak

Transak now supports Ripple USD, Ripple's regulated, U.S. dollar-backed stablecoin, on the XRP Ledger.

Transak, the stablecoin payments infrastructure powering financial applications worldwide, has made Ripple USD (RLUSD), Ripple’s enterprise-grade USD-backed stablecoin, available on the XRP Ledger (XRPL, a public blockchain). Any financial application connected to Transak can now offer its users RLUSD issued natively on the XRPL.

For most of their history, stablecoins lived inside crypto. Traders held them between positions. Exchanges settled with them. The tooling around them was built for a crypto-native audience that already understood wallets, networks, and gas fees.

That era is over.

Regulated dollar stablecoins now settle remittances, hold treasury balances, fund cards, and pay out marketplaces and contractors across borders. The demand is coming from banks, neobanks, payment service providers, remittance platforms, and payroll companies, not only from crypto firms.

Transak is the stablecoin payments infrastructure that any financial application can use to move between fiat and regulated stablecoins through one integration. On-ramp, off-ramp, virtual account payments, KYC Reliance, and Auth Reliance sit behind a single API, inside a licensed perimeter that spans multiple countries.

"Stablecoins are becoming the way value moves between financial applications, not just within crypto," said Sami Start, CEO and co-founder of Transak. "RLUSD is a regulated dollar and the XRP Ledger is built for payments. Bringing them together on our rails means any financial application can settle in regulated dollars, in seconds, anywhere we operate."

Bringing a regulated dollar and a payments-native ledger together through a compliant infrastructure provider like Transak unlocks new avenues for institutions.

The integration enables a range of payment use cases. Remittance providers can fund transfers from cards or bank accounts and settle in RLUSD on the XRPL before paying out in local currency. Wallets and neobanks can offer customers a trusted digital dollar alongside local currency on- and off-ramps, while payment providers, marketplaces and payroll platforms can settle funds globally in near real time.

In each case the application never has to hold the regulatory perimeter itself. Transak routes the liquidity, runs the compliance, and handles fiat across more than 60 countries. The financial application ships the product.

RLUSD is available today through Transak. Users can purchase RLUSD using cards, bank transfers and local payment methods across the fiat currencies and markets supported by Transak.

Applications can enable RLUSD purchases for their users through Transak's pre-built widget or its white-label API, with the same onboarding, compliance, and settlement stack they already run for every other asset.

1. Open the Transak widget, or any app or wallet with Transak integrated, and select Buy.
2. Enter the amount you want to spend, or the amount of RLUSD you want to receive.
3. Select RLUSD as the asset and choose XRP Ledger as the network.
4. Enter your XRP Ledger wallet address as the destination.
5. Complete identity verification if you are a first-time user, then choose your payment method: bank transfer, credit card, debit card, Google Pay, or a country-specific option.
6. Confirm and pay. Your RLUSD is delivered to your XRP Ledger wallet.

Note: First-time users complete a one-time KYC check. Some regions apply extra steps, such as the cooling-off period required for card payments in the UK. Your destination must be an activated XRP Ledger account able to hold RLUSD.

Transak builds the payments infrastructure that connects traditional money with stablecoins and crypto. Through a single API, wallets, fintechs, remittance companies, payroll platforms, marketplaces, and financial institutions can enable users to onboard, fund, and withdraw using stablecoins or crypto directly inside their products.

Transak handles licensing, compliance, identity verification, fraud monitoring, and global payment coverage. Today more than 600 applications trust Transak, serving over 10 million users worldwide.

Headquartered in Miami, Transak operates globally with offices in London, Bengaluru, Dubai, and Hong Kong.

Learn more at transak.com or follow us on X and LinkedIn.

Ripple USD (RLUSD) is Ripple’s USD-denominated stablecoin, designed to maintain a constant value of one US dollar. RLUSD is issued natively on the XRP Ledger and Ethereum blockchains, and is fully backed by a segregated reserve of cash and cash equivalents, redeemable 1:1 for US dollars. RLUSD enables real-time, secure, compliant payments and easy fiat to stablecoin on/off ramps for exchanges, fintechs, crypto onramps, and more.

Standard Custody, a wholly owned subsidiary of Ripple Labs and the issuer of RLUSD, is chartered and supervised by NYDFS as a limited purpose trust company – it is required to be backed 100% by highly liquid, short-term, transparent reserves. Standard Custody adheres to high safety and soundness standards, including NYDFS customer protection and reserve requirements, as well as redemptions with strict SLAs.