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Mastercard praises Ripple's RLUSD stablecoin at XRPL Commons Hackathon, but no new product launch announced.

Market News
25 Oct 2026
Blockonomi
View Source
Neutral
Mastercard praises Ripple's RLUSD stablecoin at XRPL Commons Hackathon, but no new product launch announced.

At the XRPL Commons Hackathon in New York, Mastercard representatives reportedly praised Ripple's RLUSD stablecoin during a partner pitch session, according to an attendee's account. The event, held on October 24–25, featured Mastercard as a partner and included over $40,000 in prizes for developers building on the XRP Ledger. While Mastercard has plans to support RLUSD for regulated settlement options, this praise does not confirm a new product launch or increased XRP demand. The hackathon serves as a platform for developers to explore financial applications on XRPL, but commercial adoption and settlement volumes remain unconfirmed.

As of Oct 26, 2026 01:11 WIB, XRP on Pluang trades at Rp23.495 with a 1-day gain of 2.03%. The market cap stands at Rp1.495,07 trillion, and trading volume over 24 hours is Rp22,03 trillion. Despite Mastercard's praise for the RLUSD stablecoin at the XRPL event, XRP's price movement and strong buy interest—82% of orders on Pluang—highlight continued investor engagement in the asset.

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