- Ripple is rolling out RLUSD in Luxembourg to meet MiCA rules and expand across the European Union.
- The stablecoin is gaining traction globally with rising adoption and strong partnerships.
Ripple is expanding into the European Union with its RLUSD stablecoin. The launch will begin in Luxembourg, a major financial hub, and aims to meet the new MiCA regulatory standards across the EU.
Ripple chooses Luxembourg as its first EU launchpad
Luxembourg is known for its strong international banking network. Ripple has already set up Ripple Payments Europe SA there and plans to apply for an Electronic Money Institution (EMI) license. This license would allow RLUSD to operate in all 30 countries within the European Economic Area (EEA).
Ripple’s legal team in Luxembourg, led by EMEA Senior Counsel Chris Myers, is guiding the stablecoin through the approval process. The country’s banking sector—including Ripple partner BNY Mellon—offers the diverse reserves required by EU rules. While France leads in EMI licenses, Luxembourg’s global connections make it ideal for RLUSD’s launch.
Ripple’s approach focuses on working with regulators, not against them. The goal is to build trust by staying fully compliant with MiCA, Europe’s new crypto law designed to boost investor protection and transparency.
RLUSD Adoption Is Growing Beyond Europe
Ripple isn’t stopping with Europe. RLUSD has already been recognized as a crypto token in Dubai. This move supports the city’s growing role in the digital asset space.
To boost global access, Ripple has teamed up with Alchemy Pay. This partnership allows users in over 170 countries to buy RLUSD using more than 300 local payment methods. The goal is to make stablecoin adoption easier and faster worldwide.
RLUSD Trading and Supply on the Rise
RLUSD is gaining real traction in the market. Major exchanges like Kraken, Bitstamp, Bitget, and Archax list RLUSD for trading The stablecoin has already reached a supply of over $500 million and sees nearly $94 million in daily trading volume, according to CoinMarketCap.
With major developments in stablecoin regulation—like the U.S. GENIUS Act and the EU’s MiCA rules—Ripple is placing itself at the center of a regulated, global stablecoin future.
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