"Users can now spend without ever selling their XRP," crypto blockchain researcher BankXRP noted after RedotPay unveiled its new payment card, a product that stitches together XRP-backed collateral, Ripple's RLUSD stablecoin, and Visa's global acceptance network. The fintech firm already serves more than 8 million users across 100+ countries and processes around $12 billion in annualized payment volume, so the rollout lands with real weight behind it.
The mechanics are straightforward. A holder pledges XRP as collateral at a 50% loan-to-value ratio, which unlocks a credit line settled in RLUSD directly on the XRP Ledger before the funds hit any Visa terminal worldwide. That structure lets people keep their crypto position intact and still benefit from any future price appreciation, without being forced to liquidate. RLUSD handles the settlement layer, taking advantage of XRPL's sub-second finality and low transaction costs to bridge on-chain finance with the card rails most merchants already accept.
The timing is deliberate. RedotPay says stablecoin-powered card transaction volume jumped 80% year-to-date in 2026 and is up 250% compared with the same stretch last year. Odelia Torteman, Head of Digital Assets at XRPL Commons, and Taylor Bossung, Head of Corporate Affairs at RedotPay, discussed the launch publicly and flagged broader shifts driving it: rapid stablecoin growth, blockchain-powered remittances, on-chain lending backed by tokenized assets, and what they called agentic commerce, where AI systems can autonomously initiate and settle payments without human input at each step.
RedotPay has been building inside the XRP ecosystem for a while. Back in May the company expanded XRP payment capabilities for its user base, and Ripple had previously partnered with the firm to accelerate XRP-powered remittances across Africa through faster crypto-to-fiat transfers. The new card extends that trajectory, positioning XRPL not just as a cross-border payments rail but as underlying infrastructure for stablecoin settlements, tokenized lending, and everyday consumer spending in over 100 markets simultaneously.
This article is for informational purposes only and does not constitute financial advice. Crypto assets carry significant risk; always do your own research before making any investment decisions.
