DIGITAL ASSETS
RLUSD crossed a US $ 1bn market cap less than a year since its launch. The stablecoin has gained traction in institutional use cases following regulatory approval under a New York Department of Financial Services limited purpose trust company charter.
Ripple has repurchased more than 25 % of its outstanding shares in recent years. Total Ripple Payments volumes have now surpassed US $ 95bn. With 75 regulatory licences, Ripple can move money on behalf of customers, cutting out intermediaries and simplifying liquidity management.
Blockchain settlement partnership Ripple, Mastercard, WebBank and Gemini have teamed up to explore faster settlements of fiat currencies using blockchain systems. The collaboration will explore the use of Ripple’ s blockchain, XRPL, to facilitate the settlement of traditional card payments.
Fiat transactions will be settled on Ripple’ s XRPL, a public blockchain that has been in existence for over a decade. The ledger provides processing for transactions and relies on dollar-backed Ripple-USD( RLUSD), launched late in 2024.
Subject to regulatory approvals, initial integrations within existing Mastercard and WebBank settlement processes will occur within the coming months, exploring settlements on the Gemini Credit Card. Gemini first collaborated with Mastercard and
WebBank in 2021 for the Gemini Credit Card. WebBank was named the issuer of the card, while Gemini named Mastercard its exclusive network partner. Banks are demonstrating increasing involvement in the stablecoin revolution, as priorities have shifted from cost reduction to speed prioritisation. Stablecoin settlements provide both. The partnership aims to demonstrate how regulated stablecoins can function within traditional card payment infrastructure whilst maintaining compliance requirements.
104 January 2026