Ripple Joins Open USD Stablecoin Network, Expanding Rails Without an XRP Price Promise

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Source: 24/7 Wall St.
Ripple Joins Open USD Stablecoin Network, Expanding Rails Without an XRP Price Promise
Photo: 24/7 Wall St.
TL;DR Summary

Open USD is a large consortium-backed dollar stablecoin run by Open Standard, backed by Visa/Mastercard/Stripe/BlackRock and 140+ partners. Ripple joined as a day-one integration partner (not issuer), placing the XRP Ledger on one of several rails alongside RLUSD. The move signals Ripple’s strategy to diversify settlement rails and grow RLUSD, but it’s unlikely to meaningfully lift XRP’s price on its own, since the stablecoin’s earnings go to partner companies, ledger fees are tiny, and regulatory scrutiny remains a risk.

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