XRP News Today: Bank of America Evaluates Ripple's RLUSD Integration as Stablecoin Surges 30% to $517M Amid Regulatory Shifts

Bank of America is reportedly evaluating the integration of Ripple’s RLUSD stablecoin into its financial services, a strategic move aligned with evolving U.S. regulatory frameworks and growing institutional demand for digital assets. The stablecoin, fully backed by U.S. dollars and with a market capitalization exceeding $517 million, has gained regulatory approvals in key jurisdictions and is now being positioned for broader adoption by traditional financial institutions. Ripple CEO Brad Garlinghouse has emphasized the product’s institutional-grade compliance as a core differentiator, a factor likely to appeal to banks seeking secure digital solutions [1].

RLUSD’s recent growth trajectory underscores its institutional potential. The stablecoin has surged over 30% in value, surpassing $500 million in circulation, driven by its compliance with New York Department of Financial Services (NYDFS) standards and multi-chain operability across the XRP Ledger and Ethereum blockchain. This dual-chain capability offers enhanced flexibility and security, addressing institutional concerns around liquidity and regulatory adherence. BNY Mellon’s role as a custodian further strengthens RLUSD’s credibility among traditional financial players [2].

Regulatory clarity, particularly the newly enacted GENIUS Act, has been pivotal in fostering institutional interest. The legislation provides a comprehensive framework for stablecoin regulation, reducing uncertainties for banks like Bank of America, which has been exploring dollar-backed stablecoins for cross-border settlements and liquidity management since 2019. Ripple’s longstanding collaboration with the bank, including the use of its technology for real-time gross settlement systems, positions RLUSD as a viable candidate for integration into future digital dollar initiatives [2].

Ripple’s regulatory milestones have also expanded RLUSD’s reach. In May 2025, the stablecoin secured approval from the Dubai Financial Services Authority (DFSA), marking a significant endorsement for its deployment in the Middle East. Such certifications mitigate risks for institutional clients, who have historically been cautious about stablecoin volatility and regulatory ambiguity. Unlike algorithmic stablecoins, RLUSD’s fully collateralized structure reduces exposure to liquidity crises, a design that has attracted investors wary of past failures like TerraUSD. Ripple’s commitment to transparency, including regular audits and real-time reserve tracking, further solidifies its appeal [1].

The potential partnership between Bank of America and Ripple aligns with broader trends in fintech. As central banks and regulators increasingly recognize digital currencies as complements to traditional systems, institutions are prioritizing collaborations with firms that balance innovation with regulatory alignment. Ripple’s ongoing navigation of U.S. Securities and Exchange Commission (SEC) litigation has not deterred major financial players from engaging with its technology, highlighting the sector’s focus on compliance-driven solutions [1].

While details of Bank of America’s exploration remain undisclosed, the move signals a shift in how legacy institutions approach digital assets. The bank’s decision could set a precedent for other Wall Street firms, particularly if RLUSD’s performance and regulatory acceptance continue to strengthen. Meanwhile, competitors like JPMorgan and Citigroup are advancing their own stablecoin platforms, underscoring a competitive yet regulated environment for digital finance [2].

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[1] [XRP surges to new highs as Ripple's institutional-focused narrative gains traction](https://in.marketscreener.com/news/xrp-surges-to-new-highs-as-ripple-s-institutional-focused-narrative-gains-traction-ce7c5cd3d08df121)

[2] [Blog & News from the Crypto and Payment Ecosystems](https://www.kulipa.xyz/blog)