- The faster adoption of RLUSD will occur as Ripple continues to enhance global payment integrations.
- Ripple collaboration with RedotPay is set to enhance efficiency in cross-border settlement.
- The drop in XRP price is due to significant monthly movements of tokens and the pressure of supply.
Ripple and RedotPay Partner to Boost RLUSD Adoption Globally
Ripple has also signed a new partnership with RedotPay, an international fintech company that focuses on payment systems based on stablecoins. Another move toward the adoption of RLUSD in the real-world payments market, the partnership adds a Send Crypto, Receive NGN feature, which is integrated directly into the Ripple cross-border payment infrastructure.
Users are enabled to transfer XRP, RLUSD, or other available digital assets under the new system, with RedotPay automatically converting incoming transfers to Nigerian Naira. Money is deposited into accounts in the local banks within minutes, making international remittance faster and cheaper than before.
The savings achieved through RLUSD is immediate in the areas where transfer prices are as high as 6.94%. The platform accepts various currencies, such as Bitcoin, Ethereum, USDT, Circle USD, Solana, Toncoin, Tron, and BNB, making RedotPay one of the biggest players in the arena of remittances based on cryptocurrencies.
It is particularly aimed at freelancers, digital nomads, and individuals in business who are dependent on high-speed and low-priced international payments. In the case of Ripple, the alliance will help push RLUSD to its most relevant point, making the stablecoin more viable in the real world and competing on an equal footing with USDT and USDC.
XRP Falls Below $2 After Ripple Unlocks 1.2 Billion Tokens
The very day Ripple declared its new partnership, the XRP price dropped below the price of 2 in a series of massive transfers that were announced by Whale Alert. The transaction, which is part of the normal monthly Ripple escrow cycle, transferred 1.2 billion XRP in internal wallets.
This was initiated when Ripple was given 300 million XRP in one wallet, and 200 million in another, and 700 million XRP were returned to escrow. They are movements that have been taking place over time, yet the traders are keeping a close eye on them because of their timing and the possible impact they may have on the market sentiment.
Soon after the trades, the XRP fell out of the mid $2.20s into the higher $1.90s, overcoming a position it had maintained over a few days. Even though it was not a sharp fall, the timing made traders wonder whether part of the flow was a temporary supply pressure.
Ripple asserts that the escrow will proceed to 2026 under its open distribution strategy.
XRP Ledger Payment Activity Surges Nearly 10x Despite Price Weakness
The XRP Ledger is currently going through one of its best growth phases in months, despite the decline in price. The volume of payment increased to 1.35 billion XRP within a single day, almost 10 times higher than the usual 150-200 million volumes experienced during November.
The spike indicates the growing institutional settlement flows, exchange transfers, and automated liquidity routing. More to the point, an increase in volatility of the payment-count data reveals that additional accounts (not only larger amounts) are involved. These spurts in network throughput frequently forerun subsequent asset liquidity in the past.
Nevertheless, XRP is stuck in a downward channel. The token had just turned down the midline once again and could not maintain momentum above $2.15.
