Ripple has partnered with Notabene to expand Ripple USD (RLUSD), its dollar-pegged stablecoin approved by the New York Department of Financial Services, across a regulated institutional payment network. The agreement combines a strategic investment from Ripple with Notabene's compliance infrastructure, enabling financial institutions to process stablecoin transactions while meeting regulatory requirements.

Under the partnership, RLUSD will integrate into Notabene Flow, Notabene's business-to-business stablecoin payment platform. The two companies will also explore how trusted payment authorization can complement Ripple Payments, allowing institutions to verify counterparties before transferring value across blockchain networks.

Extending RLUSD's Reach Across a Global Regulated Network

The collaboration extends RLUSD's presence across one of the world's largest regulated digital asset payment networks. Notabene connects more than 2,300 institutions across over 100 jurisdictions and serves more than 280 customers, including banks, custodians, fintech companies, and global cryptocurrency exchanges. The network facilitates more than $2 trillion in annualized transaction volume.

Expanding RLUSD's Enterprise Payment Capabilities

The integration strengthens RLUSD's role within enterprise payment infrastructure by adding payment coordination and transaction authorization capabilities. Beyond supporting stablecoin transfers, Notabene Flow enables recurring payments, pull payments, and automated invoicing for institutional users. This allows organizations to deploy stablecoin services while maintaining compliance and operational standards.

Jack McDonald, Ripple's Senior Vice President of Stablecoin, stated that enterprise adoption depends on more than efficient settlement. He explained that institutions also require trusted identity verification, regulatory compliance, and transaction authorization before value moves. McDonald added that Notabene's infrastructure helps address those requirements while expanding RLUSD's utility across regulated payment networks.

Notabene's trust network verifies counterparties and payment details before transactions begin, enabling financial institutions to reduce operational risk while satisfying internal controls and regulatory obligations without adding unnecessary friction to payment processes.

Investment Supports Broader Institutional Stablecoin Adoption

Ripple's investment reflects growing demand for regulated digital asset infrastructure among banks, payment providers, fintech companies, and stablecoin issuers. Increasing regulatory clarity in major jurisdictions, including the European Union's Markets in Crypto-Assets regulation that took full effect in 2024, has encouraged institutions to move beyond pilot programs and develop production-ready stablecoin payment services.

Notabene Co-Founder and Chief Executive Officer Pelle Braendgaard explained that institutions have largely resolved whether to adopt stablecoins and now focus on implementing them safely within existing business operations. He noted that combining Notabene's regulated institutional network with Ripple's payment ecosystem and RLUSD creates a stronger framework for compliant transactions while reaching more counterparties across global markets.

Beyond the investment, Ripple's enterprise ecosystem will support the wider rollout of Notabene Flow to financial institutions worldwide. Notabene expects to establish additional strategic partnerships as it expands its regulated payment network and broadens enterprise access to compliant stablecoin infrastructure.

Aligning Technologies for Compliant Stablecoin Payments

Ripple and Notabene have aligned their technologies to expand RLUSD across a regulated payment network serving financial institutions worldwide. The partnership combines enterprise payment infrastructure, transaction verification, and compliance capabilities to support broader institutional adoption of regulated stablecoin payments. As RLUSD seeks to establish itself alongside established stablecoins such as USDC and USDT, partnerships that embed compliance and payment coordination directly into institutional workflows may determine which stablecoins gain traction among regulated enterprises.