RedotPay launched a payment card that combines XRP-backed credit, Ripple's RLUSD stablecoin, and Visa's global payment network to expand the real-world utility of the XRP Ledger. The initiative allows users to spend without selling their XRP by pledging it as collateral at a 50% loan-to-value ratio, with loans settled in RLUSD on the XRPL before funds are spent anywhere Visa is accepted. RedotPay serves more than 8 million users across 100+ countries and processes roughly $12 billion in annualized payment volume, bridging digital assets with everyday commerce through this new card product.
RedotPay Enables XRP-Backed Credit with 50% LTV Collateral Model
Users can pledge XRP as collateral at a 50% loan-to-value ratio to unlock a credit line. The loan is settled in RLUSD on the XRPL before funds are spent anywhere Visa is accepted, enabling users to retain exposure to XRP while accessing everyday purchasing power. RLUSD serves as the settlement layer, leveraging XRPL's speed and low transaction costs to connect blockchain finance with traditional payment infrastructure. Crypto blockchain researcher BankXRP highlighted that the initiative allows users to spend without selling their XRP, further bridging digital assets with everyday commerce.
Stablecoin Card Transactions Surge 80% Year-to-Date in 2026
RedotPay reports that stablecoin-powered card transaction volume has surged 80% year-to-date in 2026 and 250% compared with the same period last year, reflecting growing demand for blockchain-powered payment solutions that integrate seamlessly with existing card networks. Odelia Torteman, Head of Digital Assets at XRPL Commons, and Taylor Bossung, Head of Corporate Affairs at RedotPay, discussed the new product. They pointed out how the XRP Card enables users to unlock spending power through XRP-backed collateral while keeping their crypto positions intact. Their conversation also explored broader trends shaping digital finance, including the rapid growth of stablecoins, blockchain-powered remittances, on-chain lending secured by tokenized assets, and the rise of agentic commerce, where AI-powered agents can autonomously initiate and settle payments.
RedotPay Positions XRP Ledger as Infrastructure for Stablecoin Settlements
The launch builds on RedotPay's expanding presence within the XRP ecosystem. In May, the company broadened XRP payment capabilities for millions of users. Ripple previously partnered with RedotPay to strengthen XRP-powered remittances across Africa through faster and more efficient crypto-to-fiat transfers. By combining RLUSD, XRP-backed credit, and Visa's global acceptance, RedotPay is helping establish XRPL as infrastructure for stablecoin settlements, tokenized lending, everyday payments, and the next generation of AI-driven commerce.
FAQ
What did RedotPay launch?
RedotPay launched a payment card that combines XRP-backed credit, Ripple's RLUSD stablecoin, and Visa's global payment network. Users can pledge XRP as collateral at a 50% loan-to-value ratio to unlock a credit line, with loans settled in RLUSD on the XRPL before funds are spent anywhere Visa is accepted.
How much has stablecoin card transaction volume grown at RedotPay?
RedotPay reports that stablecoin-powered card transaction volume has surged 80% year-to-date in 2026 and 250% compared with the same period last year.
How many users does RedotPay serve?
RedotPay serves more than 8 million users across 100+ countries and processes roughly $12 billion in annualized payment volume.
