Deployments · platform by Ripple

Ripple Payments cross-border settlementUpdated 7 Nov 2026

Ripple Payments is Ripple's licensed cross-border payments service for banks and payment firms, using digital assets for settlement and liquidity, and since April 2025 its RLUSD stablecoin. Ripple reports more than $100 billion processed to date across 60+ markets by March 2026, up from over $70 billion in May 2025 and over $95 billion in December 2025. Named users include AMINA Bank, Corpay and Alfred Pay. All figures are self-reported.

Live (scaled)^[4]i — Long-running production service with recurring volume across many markets; volume figures are Ripple's own. · Reviewed 1d ago i

Assets

Stablecoin^[6]

RLUSD and other stablecoins used for settlement

Networks

XRP Ledger Public, permissionless^[7]

RLUSD is issued on the XRP Ledger and Ethereum; Ripple does not say which chains carry Payments flows.

Ethereum Public, permissionless^[7]

RLUSD is issued on the XRP Ledger and Ethereum; Ripple does not say which chains carry Payments flows.

Use cases i

Cross-border payments^[4]Payouts^[4]

Jurisdictions

Global, United States, Switzerland, Brazil, Philippines, Malaysia, Thailand

Participants

• RipplePlatform provider, Operator^[4]United States
• AMINA BankClient or user^[4]Switzerland
• CorpayClient or user^[4]United States
• Alfred PayClient or user^[4]United States
• AltPayNetClient or user^[4]Philippines
• CambioRealClient or user^[4]United States
• BKK ForexClient or user^[6]Singapore
• Banco GenialClient or user^[4]Brazil
• MassPayClient or user^[4]United States
• TrangloClient or user^[8]Malaysia
• SentbeClient or user^[8]South Korea
• DriveWealthClient or user^[9]United States
• Other customers named in Ripple's releases but without organisation records yet: ECIB (Malaysia) and iSend; customer testimonials on ripple.com (Flash Payments, Travelex Bank, Instarem, SBI Remit) are not attributed in the passages read; the wider client base is not named.^[4]

Likely relevant regulation i

• Swiss amendment to the Financial Institutions Act on payment instrument institutions, stablecoins and crypto-institutionsSwitzerland
• US federal banking agencies' framework for bank crypto-asset, stablecoin and tokenisation activitiesUnited States
• GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act)United States

Assets

• Settles inRipple USD (RLUSD)^[6]

Metrics i

• over $100bnPayment volume processed to date · as of Mar 2026^[4]
• over $100bnPayment volume processed to date · as of 23 Jun 2026^[5]
• over $3.2mWater.org payment volume processed to date · as of 28 Oct 2026^[3]
  One named client's volume across four markets, not the whole-deployment total.

Timeline

1. Happened 11 Mar 2026 · Announcement · recorded 7 Nov 2026
   Ripple announces plans to secure an Australian Financial Services Licence, expanding its payments offering across APAC.^[2]
2. Happened 3 Mar 2026 · Volume milestone · recorded 11 Oct 2026
   Ripple reports more than $100 billion processed and live service in 60+ markets, naming new bank and payment-firm customers.^[4]
3. Happened 12 Dec 2025 · Participant joined · recorded 7 Nov 2026
   AMINA Bank becomes the first European bank to adopt Ripple's licensed end-to-end payments solution.^[1]
4. Happened 2 Apr 2025 · Scope expansion · recorded 11 Oct 2026
   RLUSD is integrated into Ripple Payments, used first with BKK Forex and iSend.^[6]

Sources i