Visa Highlights Ripple’s RLUSD Alongside USDC & USDT In New Report

Stablecoins are no longer confined to payment rails; they are evolving into the financial backbone of next-generation lending. Visa’s latest research confirms this shift, illustrating how blockchain-based credit is transitioning from niche DeFi circles into mainstream institutional finance.

The global payments giant’s newly released white paper signals a major milestone in the recognition of stablecoins as critical instruments for the future of global credit infrastructure.

Visa’s Report Signals a New Era for On-Chain Lending

Visa’s in-depth report, "Stablecoins Beyond Payments: The On-Chain Lending Opportunity," explores how tokenized dollars are reshaping traditional credit systems. The company notes that the on-chain lending market has already originated more than $670 billion in stablecoin loans over the past five years, with borrowing volumes reaching around $51.7 billion monthly as of mid-2025.

According to Visa, programmable stablecoins, those that integrate seamlessly with smart contracts, can unlock vast potential in lending, collateralization, and credit markets.

The report suggests that financial institutions are beginning to view these blockchain-based assets not merely as a means of transferring value, but as the building blocks of new credit architectures that operate continuously, without the constraints of legacy systems.

Why Ripple’s RLUSD Inclusion Is a Landmark Development

Among the stablecoins analyzed in Visa’s report are USDT, USDC, and Ripple’s RLUSD — a lineup that signals a profound recognition of Ripple’s growing institutional footprint. RLUSD, launched by Ripple in late 2024, was designed as a regulation-ready, multi-chain stablecoin aimed at meeting the liquidity and compliance demands of global financial institutions.

Its inclusion alongside market leaders USDT and USDC in Visa’s data set underscores that Ripple’s dollar-backed token is being treated as a legitimate participant in institutional credit markets.

This distinction suggests that RLUSD has progressed far beyond its payments-oriented origins, moving into use cases such as treasury management, institutional settlement, and on-chain lending infrastructure.

As Visa frames it, the emergence of compliant, transparent stablecoins like RLUSD creates an environment in which financial institutions can safely integrate blockchain-based liquidity into their credit and risk management frameworks.

BankXRP Draws Attention to Visa’s Recognition

Crypto market commentator BankXRP was among the first to spotlight Visa’s mention of RLUSD on X. In their post, BankXRP highlighted how Visa’s decision to list RLUSD alongside industry heavyweights marks a pivotal step for Ripple, positioning the company to play a deeper role in credit market modernization.

The observation quickly gained traction among XRP supporters and industry analysts, many of whom interpreted Visa’s acknowledgment as a sign that Ripple’s stablecoin is crossing into mainstream financial consciousness — not just as a blockchain payment asset, but as a tool for real institutional liquidity.

A Glimpse Into the Future of Credit Infrastructure

Visa’s research envisions a world where tokenized dollars like RLUSD anchor a 24/7, automated lending ecosystem powered by programmable finance. With stablecoins serving as real-time collateral and settlement instruments, the traditional boundaries between payments, lending, and credit issuance could blur entirely.

For Ripple, this development is validation that its strategy — integrating compliance, liquidity, and interoperability into RLUSD — is resonating with the very institutions that will define the next phase of digital finance.

If adoption continues along this trajectory, Visa’s acknowledgment of RLUSD could mark the start of a broader institutional embrace, where Ripple’s technology becomes a cornerstone of how global credit truly moves.