RedotPay launches RLUSD Visa card across 100 countries as stablecoin adoption surges 80%

RedotPay's new Visa card lets users spend XRP as collateral via RLUSD settlement, bridging digital assets with everyday commerce across more than 100 countries.

RedotPay, a fintech company serving 8 million users and processing $12 billion in annualized payment volume, rolled out a Visa card that combines XRP-backed credit with Ripple's RLUSD stablecoin on the XRP Ledger. Users can pledge XRP as collateral at a 50% loan-to-value ratio to unlock a credit line, with loans settled in RLUSD before funds are spent anywhere Visa is accepted.

"The XRP Card enables users to unlock spending power through XRP-backed collateral while keeping their crypto positions intact," Taylor Bossung, Head of Corporate Affairs at RedotPay, said in a discussion with Odelia Torteman, Head of Digital Assets at XRPL Commons. The model offers long-term XRP holders a practical alternative to liquidating their holdings while maintaining exposure to potential price appreciation.

Stablecoin-powered card transaction volume has surged 80% year-to-date in 2026 and 250% compared with the same period last year, according to RedotPay. The launch builds on the company's expanding presence within the XRP ecosystem — in May, RedotPay broadened XRP payment capabilities for millions of users, while Ripple previously partnered with the firm to strengthen XRP-powered remittances across Africa through faster crypto-to-fiat transfers.

RLUSD as the Settlement Layer

RLUSD serves as the settlement layer for the card, leveraging the XRP Ledger's speed and low transaction costs to connect blockchain finance with traditional payment infrastructure. The stablecoin is issued by Ripple and operates on the XRPL, enabling near-instant settlement for card transactions. By using RLUSD as the bridge between XRP collateral and Visa's global network, RedotPay avoids the friction of converting crypto to fiat at the point of sale.

The structure positions the XRP Ledger as more than a cross-border payments network. By combining RLUSD, XRP-backed credit, and Visa's global acceptance, RedotPay is helping establish XRPL as infrastructure for stablecoin settlements, tokenized lending, and everyday payments.

Broader Stablecoin Adoption Trends

The launch comes as stablecoin adoption accelerates across both crypto-native and traditional finance channels. The 80% year-to-date surge in stablecoin card volume reflects growing demand for blockchain-powered payment solutions that integrate with existing card networks. RedotPay's model mirrors a broader industry shift toward stablecoin-based credit products, where users can borrow against crypto holdings without triggering taxable events from selling.

Odelia Torteman and Taylor Bossung also discussed broader trends shaping digital finance, including blockchain-powered remittances, on-chain lending secured by tokenized assets, and the rise of agentic commerce, where AI-powered agents can autonomously initiate and settle payments. These developments suggest stablecoins are evolving from a trading instrument into a functional payments layer.

This article is for informational purposes only and does not constitute investment advice.