Ripple is officially launching its European expansion of the RLUSD stablecoin, choosing Luxembourg as its entry point. This move aligns with the new MiCA regulation, which aims to establish unified rules for digital assets across the European Union.

RLUSD Begins EU Integration via Luxembourg

In a statement to Ledger Insights, Ripple confirmed it has initiated the process of integrating RLUSD into the European market. In April, the company established a new entity in Luxembourg, Ripple Payments Europe SA, laying the foundation for its EU expansion.

This newly formed entity is expected to apply for an EMI (Electronic Money Institution) license, allowing RLUSD to operate in all 30 countries of the European Economic Area.

Ripple emphasized this is a strategic opportunity, underlining its intention to work with regulators, rather than circumvent them.

Why Luxembourg?

Although Luxembourg has relatively few stablecoin issuers, Ripple sees several key advantages:

🔹 It is a major financial hub, home to many global banks

🔹 Among them is BNY Mellon, a Ripple partner

🔹 MiCA rules require diversified reserves, and Luxembourg’s strong banking ecosystem supports this requirement

The project is being led by Chris Myers, Ripple's Chief Legal Officer for the EMEA region, who is overseeing the licensing process with Luxembourg’s CSSF regulator.

RLUSD Gains Momentum Beyond Europe

Ripple’s stablecoin is gaining traction worldwide:

🔹 Recognized in Dubai as a legitimate crypto token

🔹 Ripple partnered with Alchemy Pay, enabling RLUSD purchases in 170+ countries via 300+ local payment methods

🔹 RLUSD is listed on Kraken, Bitstamp, Bitget, and Archax

🔹 The circulating supply has surpassed $500 million, with daily trading volumes nearing $94 million

Stablecoin Regulation Is Evolving

While Europe rolls out the MiCA framework, the U.S. is preparing the GENIUS Act, which may establish simplified national guidelines for stablecoins. Ripple is entering this regulated space at a crucial time, positioning itself to become a leader in the global stablecoin arena.




#Ripple , #RLUSD , #Stablecoins , #DigitalAssets , #CryptoAdoption

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