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Ripple Expands RLUSD Usage and Custody Solutions

During the same month, Ripple strengthened its position in the stablecoin market with RLUSD, a U.S. dollar-pegged coin designed to enhance liquidity and enable instant cross-border payments. A key collaboration with BDACS, a South Korean digital asset custody provider, introduced institutional custody solutions for XRP and RLUSD, expanding Ripple’s footprint in the Asia-Pacific market. These strategic moves highlight Ripple’s commitment to integrating its blockchain solutions with traditional financial infrastructure, driving institutional adoption of cryptocurrencies.