Ripple Launches RLUSD Stablecoin for Cross-Margin Trading

Ripple’s CEO, Brad Garlinghouse, and Head of Asia-Pacific, Fiona Murray, recently addressed the company’s latest stablecoin initiative and its outlook on the Korean market during a press conference in Singapore. Garlinghouse confirmed that Ripple’s newly launched stablecoin, RLUSD, will serve as collateral across all services at Hidden Road, a well-known prime brokerage platform. He emphasized that RLUSD is the first stablecoin enabling efficient large-scale cross-margin trading between virtual assets and traditional financial markets, highlighting its 24/7 year-round availability as a key strength.

Garlinghouse’s comments position RLUSD as a product designed not merely for settlement but also as a bridge between digital assets and traditional financial markets. The choice to make it fully usable as collateral within a global brokerage context underscores Ripple’s intention to compete with other stablecoins that are more narrowly focused. Garlinghouse’s emphasis on cross-margin trading and seamless accessibility reflects Ripple’s aim to provide institutional clients with a stablecoin that supports complex and continuous trading operations without being constrained by market hours.

Fiona Murray, during a private session in Singapore, assessed the Korean market’s current stage of development with respect to tokenization and stablecoins. She noted that while Korea is still in its early stages with tokenization or the stablecoin business, the popularity of digital assets such as XRP among Korean individual investors suggests a tremendous growth potential if these businesses can get started. Murray’s assessment of Korea’s regulatory environment suggests Ripple is cautiously optimistic about expanding its stablecoin and tokenization offerings in the country. She confirmed that Ripple is actively observing Korean policies, expressing confidence in future prospects, stating that there are great expectations, especially regarding the roadmap for institutional adoption.

The focus on Korea’s regulatory readiness and institutional roadmap suggests that Ripple is aligning its regional strategy with jurisdictions that demonstrate both market demand and evolving regulatory clarity. The statements reported by Crypto Eri provide further insight into Ripple’s vision for RLUSD as a multipurpose institutional-grade stablecoin with capabilities beyond simple settlement. At the same time, Ripple’s interest in the Korean market reflects its strategy to engage with jurisdictions where digital asset adoption is strong among retail investors and poised for institutional growth.