$BTC ↔ $RLUSD swaps on Ethereum are now live on BOB Gateway. RLUSD is @Ripple's NYDFS-licensed stablecoin, for those who want a regulated dollar on the other side of their BTC swap.

Ripple just got final OCC approval for Ripple National Trust Bank. Federally supervised now to manage the segregated reserves behind RLUSD, act as collateral trustee for holders, and offer institutional digital-asset custody. Issuance stays with the existing NYDFS-regulated entity, so RLUSD sits under both state and federal oversight. “Crypto and banks work better together” in practice. Another piece of the regulated infrastructure stack moving from pitch deck to real charter. 🍿

$RLUSD just crossed $2,000,000,000 in market cap. With close to $1B issued on the XRP Ledger. This makes RLUSD, launched in December 2024, the fastest growing stablecoin regulated under the NYDFS.

Breaking news! Mastercard has been granted a BitLicense by the New York State Department of Financial Services (@NYDFS), advancing our commitment to secure and compliant digital asset innovation. 🗽🎉 Learn more:

New Interview: @HaddockBeth shares that stablecoins are not boring. Wonder why? Read below. She has spent twenty-five years in the rooms where the line between innovation and compliance gets drawn. Global Policy Lead at the @StablecoinStnd , Founder of @warburtonadvise , and Chair of the Compliance Committee at NYDFS-regulated issuer @GMOTrust . She has built the operational scaffolding that lets stablecoin issuers get licensed, raise institutional money, and survive scrutiny, and she's led the response when a major digital-asset cyber breach went multi-jurisdictional. Read more at

We're seeing significant traction in stablecoin use cases for a much better delivery of both USD PnL from NDFs and currency settlement in FX forwards Happy to chat with anyone looking to optimize capital efficiency thanks to T+0 settlement

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