RedotPay Launches XRP Ledger-Powered RLUSD Card Across More Than 100 Countries
Key Takeaways
- •RedotPay's new card allows users to pledge XRP as collateral at a 50% loan-to-value ratio, with credit lines settled in Ripple's RLUSD stablecoin on the XRP Ledger before being spent through Visa's network.
- •The card is available to RedotPay's user base of more than 8 million customers across over 100 countries, distinguishing itself from competitors by using XRP as collateral and RLUSD as the settlement asset.
- •RLUSD, which received approval from the New York Department of Financial Services and launched in late 2024, serves as the settlement layer for transactions on the card.
- •RedotPay reports that stablecoin-powered card transaction volume has risen 80% year-to-date in 2026 and 250% compared with the same period last year, reflecting broader momentum in stablecoin payment adoption.
- •The card launch builds on RedotPay's prior XRP ecosystem activity, including expanded XRP payment capabilities in May and an earlier partnership with Ripple for crypto-to-fiat remittances across Africa.
RedotPay has launched a payment card designed to expand the real-world utility of the XRP Ledger (XRPL), combining XRP-backed credit, Ripple's RLUSD stablecoin and Visa's global payment network.
The initiative was highlighted by crypto blockchain researcher BankXRP. According to the report, the product is intended to let users spend without selling their XRP, linking digital assets more directly with everyday commerce.
RedotPay is a fintech company that serves more than 8 million users across more than 100 countries and processes roughly $12 billion in annualized payment volume. The new card enters a competitive crypto-linked payment card market that includes offerings from companies such as Coinbase, Binance and Crypto.com, but distinguishes itself by using XRP as collateral and RLUSD — Ripple's U.S. dollar-backed stablecoin — as the settlement asset.
With the card, users can pledge XRP as collateral at a 50% loan-to-value (LTV) ratio to access a credit line. The loan is settled in RLUSD on the XRPL before funds are spent anywhere Visa is accepted. The structure allows users to retain exposure to XRP while using the credit line for regular purchases through existing payment infrastructure.
RLUSD functions as the settlement layer for the card, using XRPL's speed and low transaction costs to connect blockchain-based finance with traditional card payments. The stablecoin received approval from the New York Department of Financial Services and launched in late 2024, making this card one of the early consumer-facing products to build on RLUSD's settlement capabilities at scale. For long-term XRP holders, the model provides an alternative to liquidating holdings when seeking spending power, while maintaining their crypto positions.
Stablecoin payments and XRP-backed credit
The launch comes amid rising use of stablecoin-based payment products. RedotPay reports that stablecoin-powered card transaction volume has increased 80% year-to-date in 2026 and 250% compared with the same period last year. The figures reflect broader momentum in stablecoin adoption, as major payment networks including Visa and Mastercard have expanded partnerships with crypto platforms to support blockchain-based settlement rails alongside traditional card infrastructure.
The product was discussed by Odelia Torteman, Head of Digital Assets at XRPL Commons, and Taylor Bossung, Head of Corporate Affairs at RedotPay. They described how the XRP Card allows users to unlock spending power through XRP-backed collateral while keeping their crypto positions intact.
Their discussion also covered broader developments in digital finance, including the growth of stablecoins, blockchain-based remittances, on-chain lending secured by tokenized assets and agentic commerce, in which AI-powered agents can autonomously initiate and settle payments.
The card launch follows RedotPay's broader activity in the XRP ecosystem. In May, the company expanded XRP payment capabilities for millions of users. Ripple also previously partnered with RedotPay to support XRP-powered remittances across Africa through faster and more efficient crypto-to-fiat transfers.
By combining RLUSD settlement, XRP-backed credit and Visa acceptance, RedotPay is positioning the XRP Ledger for use beyond cross-border payments, including stablecoin settlements, tokenized lending, everyday payments and AI-driven commerce.
