Ripple Flags Turkey, Nigeria and UAE as Key Markets for New Stablecoin RLUSD

Published at 2026-03-10 16:16:36

Reece Merrick, a director at Ripple, revealed a development roadmap for RLUSD on March 10, 2026, identifying Turkey, Nigeria and the UAE as pivotal hubs in the company’s global expansion. The plan frames these markets as strategic due to their large crypto user bases, cross-border payment needs and growing fintech infrastructures — areas where a fiat-pegged stablecoin could ease on- and off-ramp frictions. If executed, RLUSD could complement Ripple’s existing payments stack by offering a stable settlement option alongside XRP liquidity services, while opening partnership opportunities with regional exchanges and payment providers. For users and investors, the move underscores Ripple’s focus on pragmatic market entry and regulatory engagement in corridors where stable settlement and remittance efficiency have immediate commercial demand.

Share on:

Related news

BitGo to Custody Assets for StableX's $100M Stablecoin Treasury

BitGo will provide custody and trading infrastructure to support StableX’s $100 million stablecoin-focused digital asset treasury. The partnership aims to strengthen security and market access as StableX scales its stablecoin strategy.

Societe Generale-FORGE Launches EURCV Stablecoin on Stellar

Societe Generale's digital-asset arm FORGE has launched its MiCA‑compliant, euro‑pegged stablecoin EURCV on the Stellar network, expanding its multichain footprint. The debut brings regulated euro liquidity to Stellar (XLM) and underscores a push to build compliant digital-asset rails.

Published at 2026-03-10 18:00:57
Ripple Cuts RLUSD Ethereum Supply by 1 Million Tokens

Ripple Labs removed 999,965 RLUSD from circulation on Ethereum, according to Ripple Stablecoin Tracker. The burn trims the stablecoin's ERC-20 supply and may affect liquidity and market perception.

Published at 2026-03-10 13:30:23
Ripple Executive Marks $100B Payment Volume Milestone

Ripple says it has surpassed $100 billion in total payment volume, a milestone highlighted by company executives as evidence of growing fintech traction. The firm frames the figure as validation of its payment products and potential liquidity use cases for XRP.

Published at 2026-03-10 06:30:12
Ripple CLO Stuart Alderoty Meets Senator Gillibrand to Discuss Crypto Regulation

Ripple’s Chief Legal Officer Stuart Alderoty met over the weekend with Senator Kirsten Gillibrand (D‑NY) to discuss regulatory policy for digital assets, a development market observers say could signal constructive engagement between industry and lawmakers.

Published at 2026-03-09 20:00:35