Nuvion integrated Ripple's RLUSD stablecoin on July 6 to power cross-border settlement through a single API for its business and fintech clients. The integration enables faster settlement, treasury and liquidity management across multiple markets, according to a press release from the AI banking platform. The deal came days after Ripple secured full MiCA authorization in Luxembourg, granting regulated access to 30 European Economic Area countries.
Nuvion Adds RLUSD for Cross-Border Settlement via Single API
Nuvion announced in a press release that RLUSD will power faster cross-border settlement, treasury and liquidity management across multiple markets, and embedded blockchain payments for its business and fintech clients. The platform offers multi-currency accounts, global payment rails and compliance infrastructure through a single application programming interface (API).
Keisha Clark, managing director of Nuvion, stated: "We believe the future of money movement will be increasingly real-time, programmable, and global. Integrating RLUSD expands the infrastructure available to businesses operating internationally, helping them access faster settlement, greater flexibility, and modern financial capabilities through a single platform."
Ripple product lead Lauren Berta added that stablecoins have become "increasingly central" to demand for faster, more transparent cross-border payments. Berta stated: "RLUSD is built to bring the efficiency of blockchain to global payments, giving enterprises and fintechs a practical, compliant way to move value around the world."
RLUSD Supply on XRP Ledger Grows from $20M to $800M
RLUSD, the dollar-pegged stablecoin Ripple launched in December 2024, has scaled rapidly. Its supply on the XRP Ledger (XRPL) climbed from roughly $20 million at the end of 2024 to about $800 million by late June, according to XRP treasury company Evernorth. XRPL became the largest network hosting the token with around 51% of total supply, up from about 17% in April.
Monthly RLUSD-related transactions jumped from about 54,000 in December 2024 to between 600,000 and 1.1 million per month in 2026. The stablecoin's share of trading on the network rose from less than 1% to around 12%.
RLUSD went live in Japan in late June, and multiple platforms have added the token as institutions seek regulated alternatives to incumbent stablecoins. Ripple became fully MiCA compliant on the same day as the Nuvion announcement, securing Crypto Asset Service Provider authorization in Luxembourg under the European Union's Markets in Crypto-Assets (MiCA) framework. The authorization provides regulated access to 30 countries across the European Economic Area.
XRP Network Activity Scales with RLUSD Transaction Volume
Every RLUSD transfer, swap and trade on the XRP Ledger depends on XRP for transaction fees and network settlement. Evernorth stated that XRP is strengthening its position as XRPL's core settlement asset as RLUSD activity accelerates.
Each new platform integration routes more payment flow across the ledger XRP secures. XRP has traded near the $1 level through the broader market drawdown.
FAQ
What did Nuvion integrate on July 6?
Nuvion integrated Ripple's RLUSD stablecoin on July 6 to power cross-border settlement through a single API for its business and fintech clients.
How much did RLUSD supply on XRP Ledger grow?
RLUSD supply on the XRP Ledger grew from roughly $20 million at the end of 2024 to about $800 million by late June, according to XRP treasury company Evernorth.
What regulatory authorization did Ripple secure?
Ripple secured full MiCA authorization in Luxembourg, obtaining Crypto Asset Service Provider authorization under the European Union's Markets in Crypto-Assets framework, which provides regulated access to 30 countries across the European Economic Area.
