July’s Biggest Ripple (XRP) Stories: RLUSD Expansion, AI, and Institutional Adoption

July was a very eventful month for the company behind XRP, and we will explore some of the major developments, such as growing the stablecoin business, institutional infrastructure, and the XRP Ledger ecosystem, which saw a major milestone that included AI agents.

This article will focus primarily on Ripple, not the native token or its price moves. If you are more interested in XRP, then you should check this article.

RLUSD Enters New Markets Although this was technically announced at the end of June, it became a major news story in early July. Ripple expanded the reach of its dollar-pegged stablecoin RLUSD by becoming one of the first partners to integrate OpenUSD.

It said that the move reinforces the team’s commitment to multichain infrastructure supporting institutional adoption across the entire crypto industry. In addition, Japan’s Financial Services Agency (JFSA) approved RLUSD for use in the country through SBI VC Trade.