Breaking News
Ripple and OKX Partner to Expand RLUSD Access and Global Liquidity
Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, and OKX, the blockchain technology and trading company serving more than 120 million people globally, today announced a strategic partnership to bring Ripple USD (RLUSD) to eligible markets on OKX — significantly expanding global access, liquidity, and trading utility for the enterprise-grade stablecoin.
RLUSD is now live on OKX for spot trading across 280+ pairs, including the XRP/RLUSD pair, and can be used as institutional-grade margin collateral for derivatives, including perpetual futures where available. Deposits and withdrawals are enabled via the XRP Ledger (XRPL), with direct minting and redemption ensuring consistent access to liquidity. Additional integrations across the OKX ecosystem are planned.
“As RLUSD adoption accelerates, we’re seeing strong demand across both crypto-native and institutional markets, particularly for high-quality collateral,” said Jack McDonald, SVP of Stablecoins at Ripple. “Partnering with OKX gives users more ways to deploy capital efficiently across spot and derivatives, while deepening RLUSD liquidity on one of the world’s largest trading platforms.”
Deep Liquidity via OKX’s Unified Order Book
On many exchanges, liquidity is fragmented with different pools for every pair. OKX solves this with the global scale of its Unified Order Book, which consolidates all eligible pairs into one liquidity pool, interface, and price discovery mechanism.
Within OKX’s Unified Order Book, RLUSD can be used to trade and collateralize positions across both spot and derivatives markets, enabling more flexible margin management and streamlined capital deployment without moving funds across platforms. Execution is supported by Ripple Prime, Ripple’s institutional prime brokerage, within OKX’s unified trading environment.
Scaling RLUSD Across Global Markets
Since launching in December 2024, RLUSD has surpassed $1.5 billion in market capitalization and is live on leading global exchanges.
RLUSD is a compliance-first, enterprise-grade stablecoin that is redeemable for U.S. dollars and backed by reserves including U.S. dollar deposits, short-term U.S. Treasuries, and other cash equivalents. RLUSD is built for regulated finance — with transparency, trust, and institutional utility at its core.
Jack McDonald and OKX U.S. CEO Roshan Robert will discuss the future of institutional stablecoin adoption at XRP Las Vegas on April 30, 2026.
People In This Post
- Tucson Federal Credit Union Partners with InvestiFi to Embed Digital Investing Solutions Read more
- Mastercard Has Collaborated with Commercial International Bank (CIB) to Support Digital Payments Innovation Read more
- Abhi Collaborates with Alruqee Group to Offer Instant Salary Access Read more
- Driftwood Hospitality Management Expands with Flywire to Streamline Guest Payments Throughout 90 U.S. Locations Read more
- IVP Partners with Sigma to Deliver Real-Time Analytics for Alternative Asset Managers Read more
Deel Launches Stablecoin Salary Payouts and Appoints Head of Crypto to Lead New Dedicated Department
Deel, the global people platform trusted by 40,000+ businesses to hire, manage, and pay teams across 150+ countries, today launched stablecoin salary payouts powered by BVNK, and announced the formation of a dedicated crypto division, headed by Thierry Edde as Head of Crypto at Deel.
PayPal Brings PayPal USD to Users Across 70 Markets Worldwide and Expands Access in Africa
PayPal is making PayPal USD (PYUSD) available in 70 markets worldwide in the PayPal account
Bitget Wallet Adds xStocks as Tokenized Equities Race Moves to Wallets
Bitget Wallet, the everyday finance app, has integrated xStocks, the leading standard for tokenized equities and ETFs, adding more than 130 new tokenized equities products and expanding its total RWA offering to over 300 assets for its more than 90 million users. Users can access tokenized stocks, ETFs, commodities, precious metals, and index-linked assets through a self-custodial trading experience alongside more than a million cryptocurrencies, with zero trading fees and gasless execution.
SGX FX Adopts Chainlink to Make its Premium OTC FX Data Available to Thousands of On-chain Apps
SGX FX, a leading technology partner for the global institutional FX ecosystem, has adopted Chainlink, the industry-standard oracle platform, to broaden access to its OTC FX data and support greater flexibility in how institutional participants consume trusted market information.
Tether Invests in LemFi to Promote Stablecoin-Powered Remittances Across Emerging Markets
Tether, the largest company in the digital asset industry and issuer of USD₮, the world's most widely used stablecoin, today announced an investment in LemFi, a financial platform serving millions of people who live and work across borders. This investment aims to promote financial inclusion and expand access to efficient, borderless financial systems, while accelerating the use of stablecoin-powered solutions in emerging markets.
Broadridge Announces Integrated Infrastructure for Tokenized Securities
Broadridge Financial Solutions, Inc. (NYSE: BR), a global fintech leader, today announced a comprehensive expansion of its tokenization capabilities, providing institutional firms the infrastructure to operate across tokenized and traditional securities on a single, integrated platform.
One in Four U.S. Adults Now Use Crypto, According to National Cryptocurrency Association’s 2026 State of Crypto Holders Report
The NCA released its 2026 State of Crypto Holders Report showing continued growth in crypto adoption, with over 67 million Americans now owning crypto
Tucson Federal Credit Union Partners with InvestiFi to Embed Digital Investing Solutions
InvestiFi, the award-winning digital investing solutions provider for financial institutions, has announced its partnership with Tucson Federal Credit Union (TFCU), embedding its InvestTech solutions into their existing online banking platform. With the new partnership, the credit union's members will have the ability to invest digitally in stocks and cryptocurrency directly from their checking accounts.
Mastercard Has Collaborated with Commercial International Bank (CIB) to Support Digital Payments Innovation
Mastercard and CIB, Egypt’s leading and largest private-sector bank, have renewed their partnership to support digital payments innovation and expand access to financial solutions in Egypt.
Abhi Collaborates with Alruqee Group to Offer Instant Salary Access
Abhi Saudi, powered by Alraedah Digital Solutions, has partnered with Alruqee Group, a diversified business group in Saudi Arabia, to introduce Earned Wage Access (EWA) for its employees.
Driftwood Hospitality Management Expands with Flywire to Streamline Guest Payments Throughout 90 U.S. Locations
Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, today announced the expansion of its partnership with Driftwood Hospitality Management (“Driftwood”), a leading hotel management company, to deploy Flywire's hospitality solutions across nearly 90 U.S. hotel locations. Driftwood, an existing customer of Flywire’s solutions for payments, signatures and authorizations, is rolling out enhanced payments capabilities to further streamline guest transactions and back-office operations.
IVP Partners with Sigma to Deliver Real-Time Analytics for Alternative Asset Managers
Indus Valley Partners (“IVP”), a premier global provider of software and technology solutions to the world’s most sophisticated investment managers, today announced a strategic analytics partnership with Sigma, a leader in AI applications and agentic analytics for business.
Deel Launches Stablecoin Salary Payouts and Appoints Head of Crypto to Lead New Dedicated Department
Deel, the global people platform trusted by 40,000+ businesses to hire, manage, and pay teams across 150+ countries, today launched stablecoin salary payouts powered by BVNK, and announced the formation of a dedicated crypto division, headed by Thierry Edde as Head of Crypto at Deel.
Octane Closes $350 Million Forward-Flow Agreement with Nuveen
Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has executed a $350 million forward-flow agreement with Nuveen, the global investment leader managing $1.4 trillion in public and private assets for clients including TIAA, its parent company, and one of the world’s largest institutional investors. Guggenheim Securities, LLC acted as sole structuring advisor and arranger on the transaction.