Ripple expands institutional stablecoin payment workflows as RLUSD circulating supply reaches $1.5B

Ripple expanded its institutional payments platform to support broader stablecoin workflows for banks and fintech firms, including collection, custody, conversion and payout functions within a single infrastructure layer, the company said. Ripple said its Ripple Payments network now operates across more than 60 global markets, has processed over $100 billion in transactions, and connects institutions directly to blockchain settlement rails rather than traditional correspondent banking chains. CoinMarketCap data showed Ripple's RLUSD dollar-pegged stablecoin reached roughly 1.5 billion tokens in circulating supply, and the company has been integrating the asset more deeply into its payment environment as a digital dollar bridge for settlements. The expansion comes as U.S. regulators, including the Office of the Comptroller of the Currency, advance conditional national trust bank charters for crypto firms such as the planned Ripple National Trust Bank, and as policymakers continue to debate stablecoin oversight, reserve rules and operational standards.