TL;DR:
- RedotPay serves more than 8 million users across over 100 countries and processes nearly $12 billion in annualized payment volume.
- The solution allows users to pledge XRP as collateral at a 50% loan-to-value ratio to access credit lines settled in RLUSD.
- Transaction volume on stablecoin-backed cards recorded an 80% increase year-to-date in 2026.
Fintech company RedotPay is expanding with a new financial product. This payment tool linked to the Visa network has been named the RLUSD card, backed by the XRP Ledger infrastructure.
JUST IN: RedotPay, an 8M-user stablecoin payments fintech processing $12B annualized volume across 100 countries, has launched an XRP Ledger-based card integrating RLUSD.
Users can pledge XRP as collateral for a credit line at 50% LTV, settled via RLUSD on XRPL, spendable… pic.twitter.com/Uvp5HCrBwH
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) July 22, 2026
With this new product, users will be able to pledge XRP holdings as collateral at a 50% loan-to-value (LTV) ratio to activate a credit line. The loans will be issued under a settlement framework via the RLUSD stablecoin on the XRPL network before executing payments at Visa-affiliated merchants.
The company reported that this card aims to provide immediate liquidity to holders without requiring them to sell their underlying intangible assets.
The fintech firm currently serves a base exceeding 8 million users in over 100 countries. Additionally, the entity processes an estimated annualized payment volume of $12 billion.
Information provided by the RedotPay team indicates that transaction volume processed with stablecoin-backed cards registered an 80% growth so far in 2026, marking a 250% increase compared to the same period last year.
Technical Integration and Adoption of the XRPL Ecosystem
On the operational side, RLUSD functions as the settlement layer within the XRPL network to leverage its low transaction fees. According to analysis attributed to industry researchers, the integration of dollar-pegged assets could drive processing demand within Ripple’s distributed ledger.
The initiative was publicly analyzed by Odelia Torteman, Head of Digital Assets at XRPL Commons, and Taylor Bossung, Head of Corporate Affairs at RedotPay.
During the meeting, they addressed the evolution of on-chain remittances, credit backed by tokenized assets, and payment automation via artificial intelligence agents. According to projections presented by the executives, these technologies could position the XRP Ledger as an infrastructure geared toward integrated digital commerce.
The introduction of this card continues previous integrations between Ripple and RedotPay focused on optimizing cross-border crypto-to-fiat transfers in emerging markets.
As a next monitoring milestone, the platform plans to publish data corresponding to the volume of issued credit in its next quarterly operational report.
