Ripple’s stablecoin, Ripple USD (RLUSD), has received a major operational upgrade following its integration with Transak, a leading crypto payment gateway. The move opens up access to RLUSD for over 8.3 million users globally, significantly enhancing the stablecoin’s reach and utility.
Global Accessibility Through Fiat Integration
In a statement on Wednesday, Transak confirmed that users can now purchase RLUSD using a wide range of fiat payment methods. These include Apple Pay, Google Pay, Visa, Mastercard, SEPA transfers in the European Union, and wire transfers in the United States.
This seamless fiat on-ramp aims to simplify the acquisition of RLUSD across key markets, including the U.S., U.K., and EU. Transak’s head of marketing, Harshit Gangwar, noted that the integration took about three months to complete, with a strong focus on regulatory compliance.
Strategic Partnership to Expand RLUSD Distribution
“We worked closely with the Ripple team to understand how RLUSD could benefit from wider distribution across Transak’s global network — spanning more than 450 wallets, DApps, and exchanges,” Gangwar said.
The integration allows RLUSD to be used across major crypto-native platforms such as MetaMask, Trust Wallet, Ledger, Coinbase Wallet, Uniswap, and Phantom. This step is expected to significantly broaden RLUSD’s presence in decentralized finance (DeFi) and Web3 ecosystems.
Market Impact: RLUSD Hits $500 Million Milestone
The integration comes at a pivotal moment, as RLUSD has reached a market capitalization of $500 million for the first time. This milestone underscores growing investor interest and confidence in Ripple’s stablecoin, positioning it as a competitive player in the expanding stablecoin landscape.
The move by Transak signals increased institutional and retail interest in stablecoins that combine regulatory compliance with robust technological infrastructure.
