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Jack McDonald
@_JackMcDonald_
SVP, Stablecoins @ Ripple
68 Following    27.8K Followers
Ripple is closely monitoring reports of a potential exploit involving Binance and its attackers’ RLUSD holdings and we are actively freezing affected funds. We’re coordinating with relevant parties and stand ready to support any investigation and appropriate action to keep users protected.
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Today $RLUSD is live on @coinbase, the largest U.S. crypto exchange. Access and distribution are everything when it comes to stablecoins, and this brings RLUSD to a massive retail and institutional customer base, with trading, settlement and custody in one place. And we’re still just getting warmed up. 💪🏼
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More good news for $RLUSD this week - @moodysratings has assigned RLUSD an A2 long-term rating and P-1 short-term rating, the highest possible short-term rating under its new stablecoin framework.  TL;DR: RLUSD is the first stablecoin to have ever received an investment-grade Moody’s rating. This is one of the most respected independent credit rating agencies in the world, and a massive validation of the quality, transparency and institutional-grade infrastructure behind RLUSD.  Moody’s assessed everything from the credit quality and liquidity of @Ripple’s reserves to redemption arrangements, custody relationships, regulatory oversight, and operational controls in their rigorous methodology.  As RLUSD continues to grow, this kind of independent validation matters more than ever. Moody’s has helped set the standard for assessing credit quality and risk across traditional finance for decades, and bringing that same level of assessment to stablecoins themselves is a major step forward for the industry. Proud to see RLUSD helping set a new benchmark for institutional trust in stablecoins.
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Trade finance is coming to the XRP Ledger! Today, we’re expanding our collaboration with @BNYglobal across custody and tokenized trade finance, bringing BNY’s institutional scale together with $RLUSD, @XRP and the XRP Ledger. →
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Ripple strikes deal with Robinhood to expand its RLUSD digital dollar
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A month of milestones for $RLUSD. Thrilled to expand our partnership with @RobinhoodApp, bringing RLUSD to even more corners of the financial ecosystem. From trading to institutional settlement on the XRPL, this is true stablecoin utility.
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Ripple is officially going under the hood. 👀 We're expanding our partnership with @RobinhoodApp across $RLUSD, Ripple Prime and Ripple Treasury, bringing together stablecoins, prime brokerage and treasury management to support both customer-facing services and core financial operations. Together, we're bridging traditional and digital.
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Thrilled to see Ripple National Trust Bank receive final approval from the @USOCC. This is much more than a charter on paper. RNTB is designed to manage reserves supporting $RLUSD, serve as collateral trustee for RLUSD holders, and provide regulated digital asset custody — bringing federal banking supervision directly into the infrastructure institutions use.
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Big news heading into @RippleSwell: the @USOCC has granted final approval for Ripple National Trust Bank. This gives Ripple a federally supervised platform to support $RLUSD and provide digital asset custody to enterprises. We’ve always said crypto and banks work better together — this is what that looks like. Real innovation, real accountability, federal oversight. The revolution isn't happening outside the system. It's happening from within it.
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Big week ahead - who's coming to @RippleSwell?
ANNOUNCEMENT: CoinDesk is streaming live from @Ripple Swell on Oct. 28-29. We'll speak with @bgarlinghouse, @CMEGroup's Terry Duffy, @DriveWealth's Naureen Hassan and more of the biggest names at the intersection of traditional finance and the onchain economy.
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Your treasury should be working for you 24/7 around the world. Great to see @Ripple Treasury bringing AI-native workflows, digital assets + stablecoins and liquidity management together to make it happen.
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Corporate treasury is going always-on. 🌐 Today, we're introducing new Ripple Treasury capabilities that bring together AI-powered automation, liquidity management, and digital asset infrastructure to help businesses manage and move money around the clock. More on what's new:
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The GENIUS Act established the framework. Now, Treasury’s rules must ensure that Americans are not stranded holding stablecoins if regulations change, have pathways to recover stolen funds, and can self-custody if they choose.
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📣 Today NCA submitted comments to @USTreasury on its proposed GENIUS Act rules for payment stablecoins. Stablecoins are becoming part of everyday life for consumers and businesses. Our comments focus on protecting holders as the new rules take effect: giving them time to redeem, sell, or convert their stablecoins if their legal status changes, making sure stolen funds could be returned to victims, and keeping self-custody and peer-to-peer transfers protected. Read the full letter 👇
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Proud of our continued momentum in Türkiye. This partnership with @InveoKripto represents a key step in expanding RLUSD's global availability, delivering a secure and regulated stablecoin experience. Congratulations to everyone at @Ripple and Inveo for making this happen!
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Expanding access to $RLUSD is key to driving adoption. Great to see @Transak making it easier for users to move between fiat and RLUSD on the XRPL.
Transak Now Supports Fiat Purchases of $RLUSD on the XRP Ledger. Stablecoins will become the default settlement layer for mainstream finance and the apps adopting them need a compliant way to move regulated money in and out. @Ripple USD (RLUSD) on XRPL via Transak is a practical and compliant solution. Any financial application can offer RLUSD to its users or move funds in RLUSD on XRPL through a single Transak integration. Read the full announcement here → Risk Warning: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong.
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Big month ahead for @Ripple and $RLUSD - very excited about this partnership with @DriveWealth! We're bringing together stablecoins, payments, custody and prime brokerage to modernize how money moves across global markets, with $RLUSD on the XRPL playing a key role in faster, more efficient settlement.
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Global investing is evolving. The infrastructure behind it should too. We're partnering with @DriveWealth across RLUSD settlement on the XRP Ledger, cross-border payments, custody and prime brokerage to modernize how money moves across global markets. Together, we're building a more connected, efficient and always-on global investing ecosystem. 💪🏼
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Institutions want the efficiency of a regulated stablecoin without sacrificing the custody standards they trust. Excited to announce that we’ve brought together $RLUSD on the XRP Ledger, @StanChart’s custody capabilities and @LMAX's institutional trading infrastructure to create a practical path for institutions to put stablecoins to work across global markets. RLUSD in action 💪
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2,300+ counterparties in 100+ markets, on the largest open network of regulated institutions. @_JackMcDonald_ on why @Ripple invested in us, and what a company holding 75+ licenses looks for in a partner.
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Great to see @Ripple Prime deepen our relationship with Brevan Howard, now providing multi-asset prime brokerage, clearing and financing across their funds. TradFi and digital markets are converging, and top-tier managers want one regulated platform for both 🚀
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Q3 growth worth flexing 💪 $RLUSD
Stablecoin market cap growth by issuer for Q3: @Circle added $915.0 million over 90 days, more than any other issuer. @Ripple (+$765.3 million) and United Stables (+$474.2 million) were second and third.
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Congratulations @ashgoblue - LFG!
The 'Largest Pure-Play' XRP Treasury Is About to Go Public
The $RLUSD monthly independent attestation for August is now live! And your quick rundown of the latest… 1/ $RLUSD continues to climb, reaching ~$2.4B in market cap, up more than 50% in a month. What’s more exciting… average daily activity has more than tripled since the start of the year. Utility >>> 2/ “Regulated” gets thrown around a lot in stablecoins. But what does it actually mean? If you need a refresher, we broke down what institutions should look for — from reserve requirements and attestations to ongoing supervision — and where $RLUSD fits in. 3/ ICYMI: @CoinDesk Research did a deep dive into the stablecoin landscape across APAC - where stablecoins are increasingly moving into payments, treasury and other institutional use cases. LOTS to unpack, including where $RLUSD fits into the picture. Worth a read 👇 4/ @RippleXDev’s updated XRP Ledger AI Starter Kit adds support for the Machine Payments Protocol (MPP), co-authored by @stripe and @tempo — giving developers a way to enable AI agents to make one-time payments on the XRPL using XRP and issued assets like $RLUSD. 5/ RLUSD is expanding liquidity and distribution through @sparkfinance’s Stablecoin FX Layer on @Uniswap v4, with $RLUSD/USDS processing more than $600M in its first week. Check out all previous reports here:
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Ten years ago, we bet against the old guard. Every year since, Swell has raised the bar. This October, we do it again on our biggest stage yet. 1,500 attendees. 75+ speakers. Three days in New York City. Check out who’s speaking and what’s on the agenda:
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