XRP News: Ripple’s RLUSD Stablecoin Bags Major Listing in South Korea

Key Insights:

• Ripple’s RLUSD is now live on Coinone, a prominent crypto exchange in South Korea.
• The stablecoin is available to trade against the Korean won.
• Recently, Ripple announced a partnership with Convera, which boosted RLUSD’s utility.

In the XRP news today, Ripple’s dollar-backed stablecoin, RLUSD, bagged a listing on Coinone, one of South Korea’s top crypto exchanges. Now, Korean traders have direct access to RLUSD, paired against the Korean won.

XRP News: Ripple’s RLUSD Listed On Coinone

By landing on Coinone, RLUSD steps into a tightly regulated space that South Korean traders have come to trust. According to the XRP news update, it gives people a new way to handle dollars digitally. It aims to capitalize on a market hungry for compliant alternatives to the U.S. dollar.

Ripple announces RLUSD listing on Coinone. Source: Ripple | X

Ripple doesn’t want RLUSD to be a generic, one-size-fits-all stablecoin. Instead, they’ve focused on making it an enterprise tool, specifically for cross-border payments and corporate treasury needs.

So, while retail traders might get exposure, the bigger picture is about reshaping how big organizations move money overseas. That’s right in line with Ripple’s main drive: pulling blockchain into the heart of traditional financial systems.

Ripple Announces Major Partnership With Convera

Moreover, RLUSD’s growth comes amid other positive Ripple and XRP news. Ripple just kicked off a partnership with Convera, a heavyweight in global payments and foreign exchange.

Together, they’re working to upgrade international money transfers, using stablecoins like RLUSD at the core. Convera is expected to bring a large payment network and advanced forex tools. Meanwhile, Ripple will utilize its on-chain liquidity and swift settlement infrastructure. Convera CEO Patrick Gauthier remarked:

“With the growing presence and use of digital currencies such as crypto and stablecoins, Convera has maintained a thoughtful approach by listening to what our customers want while watching this space continue to mature. We knew we needed a trusted, visionary partner that can help us meet our customers where they are in their journey.”

The new partnership will leverage the concept of “stablecoin sandwich.” The payments will start in regular fiat currency, move through a stablecoin like RLUSD for the actual transfer, then land back in fiat at the other end. It’s a clever way to minimize international transfer hassle by improving speed, cutting costs, and ensuring regulatory compliance.

Aaron Slettehaugh, Ripple’s Senior Vice President of Product, said:

“Enterprises are increasingly looking for faster, more flexible ways to move money globally without taking on the complexity of digital assets directly. By partnering with Convera, we’re combining a trusted global payment infrastructure with stablecoin-powered settlement to give businesses more control over how and when they move value across borders.”

In another XRP news, RLUSD just reinforced credibility after an independent audit from Deloitte. The report confirmed Ripple holds more than enough reserves to back every token. As of February 2026, RLUSD had over $1.6 billion in reserves, more than the actual number of tokens in circulation. The audit goes a long way toward proving RLUSD keeps its 1:1 peg to the U.S. dollar, and that isn’t just marketing spin.

For further context, Ripple rolled out RLUSD in December 2024 as part of their big bet on bridging legacy finance and blockchain. The company aims to offer price stability with the speed and efficiency you just don’t get from old-school payment rails

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