Gemini Adds RLUSD Support on XRP Ledger for Faster and Cheaper Transfers

TLDR

Table of Contents

Gemini integrates RLUSD with XRPL to enable quicker cross-network settlements.
XRP Ledger’s low fees and speed boost adoption of RLUSD for institutional DeFi.
XRP Ledger v3.0.0 includes key updates for institutional adoption and compliance.
Ripple’s strategic upgrades continue to increase RLUSD use on public networks.

Gemini has expanded its support for Ripple’s RLUSD stablecoin by integrating it with the XRP Ledger (XRPL). This move allows for faster, more cost-effective transactions, offering near-instant settlements across both XRPL and Ethereum. With the rise of demand for quicker, low-fee payment solutions, this partnership is set to accelerate RLUSD’s use in both retail and institutional markets, positioning the XRP Ledger as a key player in decentralized finance (DeFi).

XRP News: Gemini Adds RLUSD Support on XRPL for Faster Payments

Gemini has announced it will support RLUSD on the XRP Ledger (XRPL), enabling faster, lower-cost transactions for users. The integration allows for near-instant settlement, enhancing the ability of users to deposit RLUSD on XRPL and withdraw it either on XRPL or Ethereum. This move strengthens the utility of RLUSD and improves the overall user experience by allowing quick transfers without significant network fees.

This update is part of Ripple’s broader strategy to enable the use of RLUSD across open networks, specifically focusing on speed and efficiency. The integration comes at a time when the market is looking for faster settlement methods to meet the increasing demand for cross-border payments and real-time financial transactions.

Key Features of the RLUSD and XRPL Partnership

The key advantage of using RLUSD on the XRP Ledger is the near-instant settlement and minimal fees. XRP Ledger is known for its ability to process transactions within seconds and its low transaction fees, making it an ideal platform for this type of stablecoin. With the addition of RLUSD, Gemini’s users will experience faster and more predictable transfers compared to traditional payment systems or slower blockchain networks.

The update also expands the functionality of the XRP Ledger, which now supports institutional-grade decentralized finance (DeFi) tools. This includes native lending protocols and enhanced privacy features, which further appeal to large financial institutions seeking to bridge the gap between traditional finance (TradFi) and decentralized systems.

Ripple’s Progress with RLUSD on Open Networks

Ripple’s strategy to expand RLUSD to multiple chains is gaining momentum. As a stablecoin pegged to the US dollar, RLUSD is designed to provide a secure, transparent, and efficient means of settlement on both public and private blockchain networks.

Gemini’s addition of RLUSD to XRPL supports Ripple’s larger goal of driving broader adoption and use of stablecoins, particularly in markets that demand speed and cost-effectiveness.

Legal expert Bill Morgan recently highlighted the importance of Ripple’s multi-chain strategy, which is designed to increase the use of RLUSD across different networks. The integration with the XRP Ledger reflects Ripple’s continued commitment to improving the speed and accessibility of payments through blockchain technology.

Ripple’s Institutional Adoption and Enhanced Compliance Features

The latest version of the XRP Ledger, v3.0.0, introduces several compliance upgrades designed to facilitate institutional adoption. These include Decentralized Identifiers (DIDs), Deep Freeze features, and planned Zero-Knowledge Proofs (ZKPs) for increased privacy. These features are critical for institutions that must comply with regulatory standards like Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols.

Partnerships with organizations like SBI Remit, Travelex Bank, and Mastercard further confirm XRPL’s growing role in the institutional sector. These collaborations demonstrate that XRPL is increasingly viewed as a bridge between traditional financial systems and decentralized finance (DeFi).

The addition of RLUSD to XRPL is a natural extension of these efforts, providing liquidity and compliance for institutional players who need a stable and efficient mechanism for cross-border payments.

The Future of XRP and Institutional DeFi

Looking ahead, Ripple continues to expand its offerings to meet the needs of institutional investors. The introduction of features like the native lending protocol and the Deep Freeze mechanism signals a commitment to providing secure, scalable solutions for decentralized finance.

Moreover, the upcoming integration of ZKPs in 2026 will further enhance privacy and compliance, allowing XRP Ledger to serve as a foundation for the next wave of institutional DeFi applications.

With the recent upgrades and strategic partnerships, the XRP Ledger is positioned to play a significant role in the future of financial infrastructure. XRP’s growing institutional adoption, coupled with the seamless integration of RLUSD for payments, showcases Ripple’s strategic positioning in the rapidly evolving DeFi space.