Institutions could use XRP as a bridge asset when converting between currencies, rather than routing every transaction through dollar stablecoins or traditional intermediaries

Overview Debates Related claims Topics Sources

Ripple launched its RLUSD stablecoin in December 2024 to facilitate settlement of cross-border payments

Visa, Mastercard, and Coinbase backed a joint venture to issue the Open USD stablecoin

Every transaction on XRP Ledger requires XRP to pay network fees

Ripple's RLUSD stablecoin can settle directly without requiring an institution to purchase XRP for the entire payment value

XRP operates as the XRP Ledger's native asset

BNB has a token-burning mechanism that reduces supply over time

BNB provides utility through network fees and trading-fee discounts in Binance's ecosystem

Accounts on XRP Ledger need XRP to satisfy the ledger's reserve requirements

Cashu operates as a Bitcoin-backed currency protocol designed for digital transactions

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Ripple and C2FO announced plans to bring C2FO Instant Pay financing and settlement to the XRP Ledger, with RLUSD for settlement

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BNY expanded BNY's Digital Asset Custody platform to allow eligible institutional clients to store, protect, and transfer XRP

The integration of USDC onto ACI Connetic allows financial institutions to test digital dollar settlement without rebuilding back-office systems from scratch

Bre-B is Colombia's interoperable instant-payment network run by Banco de la República, the country's central bank

On October 27, 2026, Circle and ACI Worldwide announced a Colombia pilot pairing Circle's USDC infrastructure with ACI Worldwide's cloud-based ACI Connetic platform to enable stablecoin settlement alongside traditional payment systems

Circle Chief Commercial Officer Kash Razzaghi and ACI Worldwide executive Craig Ramsey framed the pilot of USDC settlement on Colombia's Bre-B network as a bridge connecting traditional finance with digital assets

The Circle and ACI Worldwide pilot on Colombia's Bre-B network allows financial institutions to test compliance, operational governance, and treasury settlement models for stablecoins within familiar frameworks

Robinhood plans to adopt Ripple Treasury software to manage cash operations, cash flow forecasting, payments, and financial risks

ACI Worldwide built the ACI Connetic platform to be technology-agnostic, supporting additional payment networks and digital-asset providers beyond USDC over time

Colombia was selected for the USDC settlement pilot with ACI Worldwide due to high cross-border remittance volumes and public demand for dollar-denominated savings as an inflation hedge

Circle and ACI Worldwide framed the pilot of USDC settlement on Colombia's Bre-B network as the starting point for broader stablecoin settlement expansion across Latin America