The cryptocurrency industry in the United States is witnessing significant regulatory and market developments. Ripple’s USD-backed stablecoin, RLUSD, has secured new listings on Revolut and Zero Hash, expanding its accessibility and strengthening its position in the fintech ecosystem. At the same time, Ripple CEO Brad Garlinghouse has weighed in on the recent press conference led by US Crypto Czar David Sacks, where policymakers discussed a framework for crypto-friendly regulation. As regulatory clarity becomes a focal point, these developments highlight the shifting landscape for digital assets in the US and the growing push to keep blockchain innovation onshore.
Ripple's RLUSD Stablecoin Expands Reach with New Listings on Revolut and Zero Hash
Ripple's USD-backed stablecoin, RLUSD, has secured significant new listings, signaling a major step forward in its adoption. According to an announcement on Wednesday, the stablecoin is now available for trading on Revolut and Zero Hash, two influential players in the financial and crypto industries. The expansion is expected to accelerate RLUSD's integration into mainstream fintech ecosystems and bolster its market presence.
One of the most notable additions is Revolut, a London-based fintech giant with over 50 million customers worldwide. The company's move to list RLUSD is particularly significant, given its broader ambitions in the digital asset space. Last September, reports emerged that Revolut was planning to launch its own stablecoin, signaling a growing interest in tokenized fiat alternatives.
Additionally, Revolut's recent regulatory approval to expand banking services across the European Union—after securing a UK banking license in November—positions it as a key player in the region's evolving digital payments landscape.
Meanwhile, the listing on Zero Hash, a prominent cryptocurrency infrastructure platform, further expands RLUSD's reach, particularly in institutional and fintech-driven applications. Zero Hash now supports five stablecoins across multiple blockchains, and RLUSD’s addition to the platform cements Ripple's position in the growing stablecoin sector.
Zero Hash specializes in providing digital asset settlement solutions for fintech companies, making it a crucial piece of infrastructure for firms involved in payments, remittances, payouts, AI-driven transactions, and crypto trading. The inclusion of RLUSD means that Ripple’s stablecoin is now integrated into one of the most influential stablecoin engines, potentially enabling seamless transactions for fintech companies worldwide.
RLUSD has been on a strong growth trajectory since its launch. According to CoinGecko, the stablecoin’s market capitalization recently crossed the $108 million mark, showcasing steady demand. This milestone was reached shortly after the token was listed on Bitstamp, one of the longest-standing and most reputable cryptocurrency exchanges.
The momentum behind RLUSD’s adoption suggests that Ripple’s stablecoin is gaining traction in both institutional and retail markets. While it is currently available on Ethereum and the XRP Ledger, further expansion to other platforms is expected in the coming months.
Ripple's Stablecoin Strategy Amid a Competitive Landscape
Ripple's foray into the stablecoin sector with RLUSD places it in direct competition with industry giants such as Tether (USDT), USD Coin (USDC), and PayPal USD (PYUSD). Unlike some of its competitors, Ripple benefits from its strong regulatory relationships, which could provide a competitive edge in securing institutional partnerships.
With an increasing number of fintech firms, exchanges, and payment processors integrating RLUSD, Ripple’s stablecoin could emerge as a key player in the evolving stablecoin ecosystem. Its availability on platforms like Revolut and Zero Hash shows its potential to become a widely used stablecoin for payments, remittances, and decentralized finance (DeFi) applications.
Given the pace of RLUSD’s adoption, additional listings and integrations are likely on the horizon. Ripple’s commitment to expanding its stablecoin’s use cases—coupled with its established network of financial partners—suggests that more banking, payment, and fintech firms could onboard RLUSD in the near future.
As regulatory clarity around stablecoins continues to evolve, RLUSD's compliance-focused approach may give it an edge over competitors.
With RLUSD now being part of major fintech and crypto infrastructures, the next phase of its growth could see it becoming a dominant force in both traditional finance and decentralized finance (DeFi).
Ripple CEO Brad Garlinghouse Defends Crypto-Friendly Regulation Plan Amidst Criticism
In other news, Ripple CEO Brad Garlinghouse has taken to social media to address criticism from certain corners of the cryptocurrency community regarding a recent press conference attended by US Crypto Czar David Sacks. The event, which was attended by leaders of the House and Senate committees on banking and finance, focused on implementing President Donald Trump’s executive order aimed at fostering a more crypto-friendly regulatory environment in the United States.
Garlinghouse dismissed concerns raised by skeptics, emphasizing that the initiative to create clear crypto regulations is a major milestone for the industry—one that should be celebrated rather than condemned.
At the press conference, David Sacks, the appointed Crypto Czar, outlined a new vision for how the US government intends to regulate digital assets moving forward. He confirmed that a task force has been assembled to formulate a clear regulatory framework, working in tandem with congressional lawmakers to develop policies that would keep blockchain innovation within US borders.
According to Sacks, a lack of regulatory clarity has been one of the biggest obstacles for American crypto businesses. Over the past four years, numerous crypto company founders have voiced frustration over the absence of consistent rules, as well as the aggressive enforcement actions taken by the US Securities and Exchange Commission (SEC).
This hostile regulatory landscape has driven many innovative blockchain firms offshore, particularly to jurisdictions with clearer and more supportive crypto regulations. Sacks highlighted the collapse of FTX, the now-defunct exchange that was headquartered in the Bahamas, as an example of why the US must provide domestic regulatory certainty to prevent major crypto players from operating in opaque offshore environments.
One of the most critical aspects of the regulatory initiative, according to Sacks, is ensuring that the United States remains a leader in financial innovation while leveraging digital assets to maintain the power of the US dollar globally.
Following the press conference, some members of the crypto community took to social media to express skepticism about the working group’s intentions and the government’s role in crypto regulation. Critics argued that the initiative might be another bureaucratic delay tactic rather than a genuine attempt to foster blockchain innovation in the US
However, Ripple CEO Brad Garlinghouse strongly pushed back against these claims, defending the regulatory push as a necessary step toward providing long-overdue clarity for the crypto industry.
In his statement, Garlinghouse dismissed the backlash, stating, “Any criticism of today's press conference is absolutely missing the forest for the trees.”
The Ripple executive described the move as a monumental step forward, noting that this is the first time a structured effort has been made to create a transparent and crypto-friendly regulatory environment in the US.
Ripple itself has been one of the primary targets of the SEC’s aggressive enforcement actions in recent years. The agency sued Ripple in December 2020, alleging that its sale of XRP tokens constituted an unregistered securities offering. The prolonged legal battle has highlighted the broader regulatory confusion surrounding cryptocurrencies, as other projects and companies have faced similar enforcement actions without clear guidance from U.S. regulators.
With lawmakers, financial committees, and the Crypto Czar's office now actively working on a comprehensive regulatory framework, the next few months could prove to be a turning point for the industry.
Several key questions remain:
Will Congress pass crypto-friendly legislation? Despite bipartisan interest in digital assets, deep divisions remain on how exactly they should be regulated.
Will the SEC change its approach? The agency, under Chair Gary Gensler, has taken a hardline stance against crypto firms, preferring enforcement over guidance.
How will the industry respond? If the US successfully implements clear regulations, could we see a wave of crypto businesses returning onshore?
For now, Garlinghouse and other industry leaders are welcoming the initiative, recognizing it as a necessary step to prevent further regulatory uncertainty and hostile enforcement actions.
With Ripple and other firms advocating for a clear legal framework, the industry may finally be on the brink of seeing meaningful legislative action that could cement the US as a global leader in digital assets.
