RLUSD and XRP have created a decentralized FX arbitrage network outside traditional systems, targeting SWIFT and capital control regimes.
XRP has evolved to become a key component of global institutional liquidity flows, with major institutional and sovereign players adopting it for real-world financial infrastructure.
RLUSD, a stablecoin merged with XRP, offers a synthetic, off-chain dollar infrastructure that is stable, decentralized, and programmable, helping compress bid/ask spreads and arbitrage mispriced currencies.
Ripple's RippleNet and XRP are gaining traction with partnerships in cross-border payments, institutional finance, and tokenization, as well as with support from ISDA, Coinbase, CME, and other networks.