Ripple's RLUSD Surges 30% as BofA's Top Stablecoin Choice

Ripple’s RLUSD has emerged as a leading candidate for Bank of America’s (BofA) stablecoin initiatives, with its regulatory compliance and institutional-grade infrastructure positioning it as a preferred option for banks seeking to adopt digital-dollar solutions. The stablecoin, launched in late 2024, has attracted attention due to its alignment with stringent financial regulations and its ability to operate on both the XRP Ledger and Ethereum blockchain [1]. This development aligns with a broader industry shift toward regulated stablecoins, as major banks increasingly explore blockchain-based tools to enhance liquidity and streamline cross-border payments.

Bank of America’s interest in stablecoins was formally highlighted by CEO Brian Moynihan on July 16, 2025, who acknowledged the bank’s internal research into the asset class while emphasizing the need for clearer regulatory guidelines before launching any product [2]. The proposed stablecoin would be backed by U.S. dollars and short-term Treasury securities, though Moynihan did not specify whether BofA would develop its own digital coin or partner with an existing solution. Analysts, however, have speculated that Ripple’s RLUSD could be a strong contender, given its compliance-first approach and existing partnerships with institutions like BNY Mellon for secure custody [3].

RLUSD’s regulatory framework is a key differentiator. It is registered under New York’s strict financial laws (NYDFS) and has already gained approval in Dubai in early 2025, demonstrating its viability in regulated environments [4]. The stablecoin’s value has risen by over 30% in the past month, reaching a market size of $500 million, reflecting growing institutional confidence. Its design also leverages Ripple’s decade-long experience in cross-border payments, with internal documents and patents from BofA dating back to 2019 indicating prior exploration of XRP for real-world transactions [5].

The strategic positioning of RLUSD as an institutional-grade asset has drawn comparisons to traditional stablecoins, which often face scrutiny over reserve transparency. By emphasizing compliance and transparency, Ripple has positioned RLUSD as a bridge between traditional finance and decentralized systems. This approach aligns with evolving regulatory expectations, such as the newly enacted GENIUS Act, which requires banks to adhere to stricter standards for digital assets [6]. Ripple CEO Brad Garlinghouse has underscored the stablecoin’s focus on institutional use cases, distinguishing it from retail-oriented offerings and highlighting its potential to serve as a trusted intermediary in the digital economy [7].

While Bank of America is not the only institution pursuing stablecoin initiatives—JPMorgan and Citigroup are also developing their own digital dollar solutions—RLUSD’s institutional-grade compliance and existing partnerships with major banks like American Express and Banco Santander give it a competitive edge [8]. Analysts note that a standardized, regulated stablecoin like RLUSD could foster greater collaboration among banks, reducing fragmentation in the digital asset space. However, challenges such as interoperability and liquidity management remain critical for long-term adoption.

The timing of RLUSD’s emergence as a top choice for BofA coincides with a pivotal moment in the global regulatory landscape. As U.S. and international regulators increasingly prioritize clarity for digital assets, stablecoins that demonstrate compliance with existing frameworks—such as RLUSD—are likely to gain traction. While the ultimate decision by BofA remains pending, the alignment between RLUSD’s structure and the bank’s compliance requirements suggests a strong likelihood of integration.

Source:

[1] [Ripple's RLUSD Emerges as Top Stablecoin Choice for BofA] (https://thecoinrise.com/ripples-rlusd-emerges-as-top-stablecoin-choice-for-bank-of-america/)

[2] [Ripple’s RLUSD Emerges as Top Stablecoin Choice for Bank of America] (https://coinmarketcap.com/community/articles/6883cbf83ff24b03a300a68d/)

[3] [Ripple's RLUSD Tipped as Top Contender Amid Bank of America's Stablecoin Push] (https://moneycheck.com/ripples-rlusd-tipped-as-top-contender-amid-bank-of-americas-stablecoin-push/)

[4] [With the Passage of the GENIUS Act, ALL4 Mining Launches an Efficient Profit Model for Investors] (https://coingape.com/sponsored/with-the-passage-of-the-genius-act-all4-mining-launches-an-efficient-profit-model-for-investors/)

[5] [Ripple’s RLUSD Emerges as Top Stablecoin Choice for Bank of America] (https://coinmarketcap.com/community/articles/6883cbf83ff24b03a300a68d/)

[6] [Ripple’s RLUSD Emerges as Top Stablecoin Choice for Bank of America] (https://coinmarketcap.com/community/articles/6883cbf83ff24b03a300a68d/)

[7] [Crypto Newsletter, 24/7 Real-Time Market Updates, Global] (https://www.coinglass.com/newsflash)

[8] [Ripple's RLUSD Tipped as Top Contender Amid Bank of America's Stablecoin Push] (https://moneycheck.com/ripples-rlusd-tipped-as-top-contender-amid-bank-of-americas-stablecoin-push/)