**Ripple Announces Partners for New Stablecoin RLUSD**

Ripple is gearing up to launch its dollar-denominated stablecoin, Ripple USD (RLUSD), and has unveiled a lineup of exchange partners to support its distribution. The crypto infrastructure provider has teamed up with major platforms like Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.

According to Ripple CEO Brad Garlinghouse, RLUSD aims to set the "gold standard for enterprise-grade stablecoins." The new stablecoin will be used for various financial applications, including payments, tokenization of real-world assets, and decentralized finance.

Ripple's payment solution will utilize RLUSD alongside the XRP token to enable faster, more cost-effective cross-border transactions. As stablecoins serve as a bridge between traditional and crypto economies, the introduction of regulatory-compliant options like RLUSD could boost global crypto adoption.